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Duty, taxes for overseas Pakistanis on import of 1300cc car from Dubai

Duty, taxes for overseas Pakistanis on import of 1300cc car from Dubai

Web Desk March 21, 2024 Add Bol News as a trusted source

Pakistani nationals residing in United Arab Emirates can sent old and used cars and other vehicle to Pakistan under Federal Board of Revenue’s (FBR) three schemes against payment of duty and taxes.

The schemes include personal luggage, gift scheme and transfer of house scheme. The duty and taxes are same for all three schemes.

A person exists in abroad for a minimum of 700 days, in directly previous 3 years, can gift a vehicle to his family members under this scheme.

Which Vehicles Can Be Sent as Gift from UAE to Pakistan?

Old and used vehicles of Asian Makes can be sent as gift by overseas Pakistani from the UAE to Pakistan.

Cars not older than three years and other vehicles not older than five years can be imported under these schemes.

Latest Duty, Taxes on 1300cc Cars Sent from UAE

As of March 2024, the structure of duty and taxes for the 1300cc cars under the gift and other scheme stands at $13,200 per unit.

Devaluation in duties & taxes at the rate of 1% per month is allowable according to the age of the vehicle, the FBR said.

 

 

 

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