KARACHI: The local automobile industry, already grappling with myriad of challenges, is now being severely impacted by a sharp surge in the import of used cars and SUVs following the withdrawal of regulatory duty and additional customs duty under SROs 1571 and 1572.
Sounding the alarm, Abdul Waheed Khan, Director General of the Pakistan Automotive Manufacturers Association (PAMA), stated, “With the withdrawal of SROs 1571/22 and 1572/22, the regulatory duty and additional customs duty…
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Source: https://www.brecorder.com/news/40295685/local-automobile-industry-in-deep-trouble-pama