Karachi February 20 2023: Toyota Pakistan increase car prices for the fourth time in a month's time to pass on the impact of 1 percent increase in sales tax, according to the letter issued by the company.
The Government of Pakistan vide Statutory Regulatory Order (S.R.O) dated 14th February 2023, has enhanced the rate of Sales Tax by 1 percent, making it 18 percent under Sales Tax Act 1990. In light thereof, below are the revised Indicative RSPs (Ex-Factory Karachi) for all CKD variants.
These prices are subject to change and prices prevailing at the time of delivery shall continue to be applicable on all orders. Any change in Government levies and taxes (including FED, Sales Tax, CVT etc.), tariff, fiscal policies, import policies, etc. will be on account of customer.