Govt Imposed Complete Ban on CBU Imports - Automotive News
VERIFY NOW
Home
Guide
How it works
How to read
How Points Work
Products
Import Cars
Auction House
Translate to English
Report+
Export Certificate Translate
Shop
Blog FAQs
About
About Us
Payment Method
Packages
Feedback
Our History
Our Authors
Write for Us
Advertise With Us
Contact
Log In
Home News

Govt Imposed Complete Ban on CBU Imports

Andleeb Sidhu by Andleeb Sidhu
May 23, 2022
in News
Govt Imposed Complete Ban on CBU Imports
0
SHARES
65
VIEWS
Share on FacebookShare on Twitter

Overview

This time Pakistan’s economy is in a high crisis of high import bills. The new government is failed to control the uncertainty of the economy and now they imposed a complete ban on CBU imports. The step has been taken to control the extremely high bill of imports. The ban is on 800 items that fall into 33 categories. Used and new car import is part of the ban. The current rate of the dollar is all-time high and this is the only step that helps to save the economy. Maryam Aurangzeb stated that “Pakistan is facing an emergency situation and we need to sacrifice imported items. It can help us to save $500 million per month”.

Overview

Also Checkout: Changan Alsvin Booking Reopen!

CBU Cars Import Ban

Under the SRO598 the ban is imposed on all used and new Completely Build Units (CBU) cars. The import of commercial vehicles is not included in the ban. But the import of luxury sedans and SUVs is banned now and not allowed to cross the borders of Pakistan.

Only the vehicles that reach Karachi port by 19 May 2022 are allowed to deliver to customers. However, the booked vehicles or on the way vehicles are also not delivered to customers. So, the customers who booked vehicles and the delivery date is after 19 May 2022 will not be cleared by the government.

CBU Cars Import Ban

Also Checkout: Hyundai Sonata Retiring Internationally

Import of CKD Kits

The customs duty on CKD kits has been increased. Automakers import CKD kits for local manufacturing cars. Authorities have proposed to increase the Regulatory Duty on cars above 1000cc or 1300cc to 100% from 70%. The current custom duty for 1000cc or 1300cc car above is 70%. This step is taken to control the luxury cars purchase and reduce the fuel need as the fuel rates are also going up.

Import of CKD Kits

Also Checkout: Toyota Suspends Car Bookings Once Again

Brands Affected by the CBU Cars Import Ban

Pakistan imports a wide range of luxury cars from different countries. BMW, Audi, Mercedes-Benz, Porsche, Haval, MG, Toyota, and many others will lose their sale in Pakistan due to the ban. These brands offer CBU units to Pakistan and customers pay high custom duty and price of cars in dollar currency.

Brands Affected by the CBU Cars Import Ban

Also Checkout: Here is How to Calculate Custom Duty on Cars in Pakistan

Conclusion

Pakistan local car prices will also increase after the increase of CKD kits Regulatory Duty. Many automakers halted car production for a couple of weeks. The current prices of local cars are not in the range of low-income buyers. This time we can only pray for our economic stability.

Tags: cbu cars banned

Related Posts

Stunning New $3000 Red Paint Option for Tesla's 2023 Model S and X
News

New $3000 Red Paint Option For Tesla’s 2023 Model S and X

by Azlan Luqman
March 11, 2023
VinFast’s VF8 City Editions Begin Deliveries to U.S. Customers
News

VinFast’s VF8 City Edition Begin Deliveries to U.S. Customers

by Azlan Luqman
March 4, 2023
F-150 Lightning Feature Image
News

Ford Overcomes Battery Issue, F-150 Lightning Production Set To Resume

by Azlan Luqman
March 3, 2023
Ford New Patent Feature Image
News

FoMoCo’s New Patent: Ford Self-Repossessing Vehicle System

by Azlan Luqman
March 2, 2023
Audi EVs feature image
News

Audi Considering U.S. Production Of EVs Due To Biden’s Inflation Reduction Act

by Azlan Luqman
February 27, 2023
Next Post
Honda CR-V 6TH Generation Launch Soon

Honda CR-V 6TH Generation Launch Soon

Verify Japanese Auction Sheet Now Verify Japanese Auction Sheet Now Verify Japanese Auction Sheet Now

Premium Contet

VW Planning for Electric Truck, SUV Through Scout Brand US

VW Planning for Electric Truck, SUV Through Scout Brand US

May 12, 2022
car insurance

How Much Is Car Insurance In The Average Amount?

June 22, 2021
Auction Sheet Report Benefits For Buyers and Sellers

Auction Sheet Report Benefits For Buyers and Sellers

September 28, 2023

My Auction Sheet is providing services to verify auction sheets of Japanese imported cars. Just enter the chassis number of your car to verify the auction sheet online in minutes.


DMCAComment PolicyPrivacy PolicyRefund Policy

© Copyright 2009 - 2021 | All Rights Reserved | Powered by My Auction Sheet.
Developed & Designed by
No Result
View All Result
  • Car News
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

`