Incentive Data

Concessional rate of custom duty @ 10 percent on non-localised parts and @ 25percent on localised parts for a period of five years for the manufacturing of Cars and LCV’s

In exercise of the powers conferred by section 19 of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to exempt components (which include sub-components, components, sub-assemblies and assemblies but exclude consumables), imported in any kit form, 4 [and direct materials]for assembly or manufacture of vehicles falling under Chapter 87 of the First Schedule to the said Act, from so much of customs duties.

 

Source:- S.R.O. 656(I)/2006.

            https://pama.org.pk/images/stories/pdf/custom-sros/2006sro656.pdf

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