Incentive Data

Low customs duty on import of Heavy Electric Vehicles (CKD).

S. No.

 

Description

 

PCT Code

 

Customs Duty (%)

Conditions

(1)

(2)

(3)

(4)

(5)

4.

Electric Buses (PCT

code 8702.4090)

Components in any kit form (CKD) (PCT code 8702.4010)

1%

(i) The concession shall

be admissible on import of CKD kits to manufacturers

of electric buses for a period of five years with effect

from 1st July, 2020

subject to certification and

quota determination by

the Engineering Development

Board (EDB).

 

(ii) The concession shall

be admissible subject to the

conditions mentioned at

Para-2 of SRO 656(I)/2006 dated 22.06.2006.

5.

Electric Trucks (PCT

code 8704.9030)

Components in any kit form

(CKD) (PCT code

8704.9020)

1%

(i) The concession shall

be admissible on import of CKD kits

to manufacturers

of electric trucks

for a period of five

years with effect

from 1st July, 2020

subject to certification and

quota determination by

the Engineering Development

Board (EDB).

 

(ii) The concession shall

be admissible subject to the

conditions mentioned at

Para-2 of SRO 656(I)/2006 dated 22.06.2006.

6.

Electric Prime

Movers (PCT code

8701.2060)

Components in any kit form

(CKD) (PCT code

8701.2050)

1%

(i) The

concession shall

be admissible on import of CKD kits to manufacturers of electric prime movers for a

period of five years with effect

from 1st July, 2020 subject to

certification and quota determination by the Engineering Development

Board (EDB).

 

(ii) The concession shall

be admissible subject to the

conditions mentioned at

Para-2 of SRO 656(I)/2006 dated 22.06.2006.

 

Source:

S. No. 4,5,6 of the Fifth Schedule, Part-V(A), Import of Electric Vehicles (EV) CBU & their Parts Under Electric Vehicle Policy 2020, TABLE-II, [For CKD & EV Specific Parts] of Customs Act 1969

https://download1.fbr.gov.pk/Docs/2021711171234418SecondScheduleofFA(5thScheduleofCA).pdf