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Car Making Components: FBR to Charge 15pc Duty on Import

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The Federal Board of Revenue (FBR) will charge 15 percent customs duty on the import of components for the assembly/ manufacture of new motorcars including station wagons and racing cars.

The FBR has issued SRO02 (I)/2022 to amend the SRO656 (I)/2006, here on Monday.

Earlier, 32.5 percent customs duty was applicable on the import of components for the assembly/ manufacture of new motor cars.

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