The Car Prices Might Come Down!!!!

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The Car Prices Might Come Down!!!!

Aug 30, 2023 talha seo

The prices of locally assembled cars are likely to come down in the future and it gives some sort of price relief to Auto consumers.

Currently, a 7% ACD is charged on the import of parts however the Ministry of Industries and Production (MoIP) and the Federal Board of Revenue (FBR) will reportedly discuss this matter in a meeting scheduled to be held on 31st March, after which the final decision will be made.

According to the reports, the government is considering abolishing Advance Customs Duty (ACD) on the imports of parts used to put together the locally assembled vehicles.

talha seo

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