Section 5
Two different regimes are en-force for levy of the taxes payable on import of vehicles, under the above schemes. In this facilitation material, these are referred as Special Regime and Normal Regime.
Special Regime covers:
 Certain specified used vehicles imported under the aforesaid three schemes.
Normal Regime covers:
New vehicles imported under the aforesaid three schemes;
Used vehicles imported under the aforesaid three schemes but are not covered under the special regime;
Regular import of new vehicles SPECIAL REGIME
Section 6
Under the "Special Regime" the taxes are levied on the basis of engine capacity, irrespective of the value of the vehicle and the optional or additional accessories. The accumulated amount of taxes, covering Custom Duty, Sales Tax, Income Tax and Capital Value Tax based on engine capacity, on import of the used vehicles meant for transport of passengers, are tabled below:
| Type of vehicle (Used vehicles meant for transport of passengers) |
Taxes |
| Upto 800 CC (Asian makes only) |
US$ 4,400 |
| Upto 800 CC (Other than Asian makes) |
US$ 6,600 |
| From 801 CC to 1000 CC |
US$ 5,500 |
| From 1001 CC to 1300 CC |
US$ 11,000 |
| From 1301 CC to 1500 CC |
US$ 15,400 |
| From 1501 CC to 1600 CC |
US$ 18,700 |
| From 1601 CC to 1800 CC excluding jeeps (Asian makes only) |
US$ 23,100 |
For enquiries about applicable duties and taxes on vehicles other than those meant for transport of passengers, please contact FBR‟s Help Line Center.
Section 7
The amount of taxes stated in Table – II, above, are reduced on account of depreciation in value of the vehicle at the rate of 1% for each completed month subject to a maximum of 50%.
Each completed month for depreciation is calculated from the date of first registration of the vehicle abroad to the date of entry into Pakistan.
Section 8
The amount of taxes stated in Table – II above, are payable in US Dollars or equivalent amount in Pak Rupees converted at the rates prevailing at the time of making the payment of the taxes.
Section 9
The following example would explain how the amount of taxes payable are determined under the above mentioned Special Regime:
| Particulars |
Example-I
Transfer of Residence |
Example-II
Gift scheme |
Example-III
Personal baggage |
| Engine capacity |
800 CC
(Asian Make) |
1299 CC
(Any Make) |
1700 CC
(Asian Make) |
| Date of registration abroad |
1st Jan, 2005 |
1st July, 2006 |
1st May, 2007 |
| Date of entry into Pakistan |
20th July, 2007 |
20th July, 2007 |
20th July, 2007 |
| Period between first registration and entry into Pakistan |
30 Months and 20 days |
12 Months and 20 days |
02 Months and 20 days |
| Completed months |
30 Months |
12 Months |
02 Months |
| Depreciation @ 1% per month |
30% |
12% |
2% |
| Admissible depreciation (restricted to 50%) |
30% |
12% |
2% |
| Full amount of taxes |
US $ 4,400 |
US $ 11,000 |
US $ 23,100 |
| Reduction in taxes to the extent of the amount of depreciation |
US $ 1,320
(30% of US $ 4,400) |
US $ 1,320
(12% of US $ 11,000) |
US $
462
(2% of US $ 23,100) |
| Actual amount of taxes payable |
US $ 3,080 |
US $ 9,680 |
US $ 22,638 |
|
