Tax cuts, no customs duty on 4-wheeler EV import ...palestine

The federal cabinet has approved the removal of the additional customs duty on four-wheeler electric vehicles, industries minister Hammad Azhar said Tuesday. Azhar tweeted key points of the new electric vehicles policy: -Federal excise duty slashed -Additional Customs Duty and additional sales tax slashed on imports of electronic vehicles -For manufacturers, 1% in taxes on importing car parts -Registration and renewal of electric cars will be free for residents of Islamabad -Sales tax reduced to 1% for electric cars between 50kwh and 150kwh that are made in Pakistan -Import of charging equipment capped at 1% -No duty tax will be deducted on import of plant and mac

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Last updated : 22 Dec 2020 clock 09:15 PM

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Tax cuts, no customs duty on 4-wheeler EV import ...palestine

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