Taxation
Regulatory Duty on Used Cars Import Dropped
Regulatory Duty on Used Cars Import Dropped. Here is a big relief that Federal Board of Revenue (FBR) has not extended the SRO after March 31, 2023. This SRO was regarding regulatory…
#UsedCars
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Blog
Used Car Mela in Karachi
Used Car Mela in Karachi. Car prices have increased a lot and that is the reason that people are thinking now to purchase used cars instead of a new one. Pakwheels a…
Business
Japan action against trade of illegal used cars in Pakistan
Amid growing protests among the Pakistani business community in Japan, the Japanese government has announced action against the approval of used vehicles on the basis of forged / forged documents. "In response…
Taxation
FBR issued valuation for sale of used cars for purpose of collecting sales tax.
The FBR issued SRO 93(I)/2020 to amend Sales Tax Rules, 2006. The FBR issued the rules to implement to the law introduced through Finance Act, 2020 to determine the valuation of used…