{"id":3790,"date":"2025-06-21T15:57:48","date_gmt":"2025-06-21T10:57:48","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=3790"},"modified":"2025-06-21T13:14:28","modified_gmt":"2025-06-21T08:14:28","slug":"pakistan-unveils-plan-for-liberalised-used-vehicle-imports","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/21\/pakistan-unveils-plan-for-liberalised-used-vehicle-imports","title":{"rendered":"Pakistan Unveils Plan for Liberalised Used Vehicle Imports"},"content":{"rendered":"

ISLAMABAD: Pakistan has announced a major shift in its vehicle import policy, unveiling a roadmap to liberalise the import of used vehicles over the next four years.<\/strong><\/p>\n

Finance Minister Muhammad Aurangzeb informed a parliamentary committee that restrictions on commercial imports of used vehicles up to five years old will be lifted starting September 2025.<\/p>\n

This move aligns with International Monetary Fund (IMF) conditions and forms part of a broader tariff strategy to phase out protection on overregulated sectors gradually.<\/p>\n

Phased Removal of Age Restrictions and Duties<\/h4>\n

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From July 1, 2026, the age limit on importing used vehicles will be completely removed, allowing unrestricted commercial imports regardless of vehicle age.<\/p>\n

However, despite lifting age limits, stringent quality and environmental standards will remain mandatory for all imported vehicles.<\/p>\n

Currently, only vehicles up to three years old can be imported under the Baggage Rules by overseas Pakistanis, with some exceptions up to five years for non-car vehicles.<\/p>\n

The government will apply a 40 percent regulatory duty on used vehicle imports initially, which will reduce gradually each year\u2014down to zero by July 2029.<\/p>\n

Impact on Auto Sector and Customs Reforms<\/h4>\n

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This policy shift is expected to improve competitiveness in Pakistan\u2019s auto sector and increase access to affordable imported vehicles, particularly benefiting the middle class.<\/p>\n

The finance ministry also reported ongoing customs reforms, including reduced duties on 35 percent of tariff lines and proposed new duty slabs of 5, 10, and 15 percent.<\/p>\n

Additionally, duties on 916 tariff lines will be eliminated, raising the total number of zero-rated lines to 3,117, further easing import regulations and encouraging trade.Vehicles, Imports, Liberalisation<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: Pakistan has announced a major shift in its vehicle import policy, unveiling a roadmap to liberalise the import of used vehicles over the next four years. Finance Minister Muhammad Aurangzeb informed a parliamentary committee that restrictions on commercial imports of used vehicles up to five years old will be lifted starting September 2025. This …<\/p>\n","protected":false},"author":6,"featured_media":3791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[274,1866,1865],"class_list":["post-3790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-imports","tag-liberalisation","tag-vehicles"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=3790"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3790\/revisions"}],"predecessor-version":[{"id":3792,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3790\/revisions\/3792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/3791"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=3790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=3790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=3790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}