Planning to import car: check out the cost

planning to import a car find the cost

The government has given relief to overseas Pakistanis by allowing them to import cars under two schemes.

The approval was accorded by the federal cabinet on the recommendation of the Economic Coordination Committee.

Under the decision, used cars up to three years old can be imported under the Gift Scheme and Transfer of Residence Scheme. However, the imported car cannot be sold or transferred for one year.

The Federal Board of Revenue said only overseas Pakistanis living in the UAE and other countries are eligible under these schemes.

More than 1.7 million Pakistanis live in the UAE. Over 5.5 million live in GCC countries. Worldwide, the figure is above 9 million.

Overseas Pakistanis had long demanded permission to import cars under different schemes.

Many families returning after years abroad want to bring their cars and other valuable items.

FBR taxes

According to FBR, anyone can import a new car into Pakistan after paying full duty and taxes.

Pakistani nationals living abroad, including dual nationals, can import used vehicles under three schemes.

These include Personal Baggage, Gift Scheme and Transfer of Residence.

Cars up to three years old and other vehicles up to five years old are allowed.

The duty and tax structure under all three schemes remains the same.

FBR said Asian-made used vehicles can be imported after paying the required duties and taxes.

Vehicle Engine Capacity (CC)Duty and Taxes (in US Dollars)
Up to 800 cc$4,800
801 cc to 1000 cc$6,000
1001 cc to 1300 cc$13,200
1301 cc to 1500 cc$18,590
1501 cc to 1600 cc$22,550
1601 cc to 1800 cc (Excluding Jeeps)$27,940