A move is afoot to ban the import of right hand drive cars through the negative list of Afghan Transit Trade (ATT).
This has engaged the attention of all concerned that the right hand drive cars imported for Afghanistan should not find their way back to Pakistan. Who is behind this move is anybody's guess, according to informed sources.
Car dealers all over the country are agitating against the fixation of duty in dollars for the imported cars against the percentages as approved by the Parliament in the national budget for the current year.
Car assemblers are making successive efforts to close as many doors as they can to completely shut off the import of cars. They have already succeeded in getting the duties fixed in dollars, no matter, what is the price of the car and from where it has been imported.
It is also being proposed that conditionality of NTN should also be imposed on imported cars and the Gift scheme should also be done away with.
Besides, under the Transfer of Residence Scheme, the maximum depreciation should not be allowed to exceed 25 percent
Sources said that in case the new restrictions get imposed to defeat the concessions allowed in the Federal budget, it is the common car purchaser, who will be the ultimate sufferer and will have to pay the heavy prices of locally assembled cars with waiting periods.
Comments
Comments are closed.