24. EXEMPTION FROM VALUE ADDITION TAX TO ELECTRIC VEHICLES:
To promote environment friendly transportation facility and to encourage cheaper source of transportation, minimum value addition tax under Twelfth Schedule is withdrawn from electric vehicles (4-wheelers) upto 50 Kwh battery in CKD/CBU condition and electric vehicle LCV upto 150 kwh battery in CKD/CBU till 30th June, 2026
Source:
S. No. 24 of circular no. 02 of 2021 Federal Board of Revenue (inland revenue policy wing) dated the 01st July, 2021