Auto sector drives Rs499bn customs duty relief
MG News | June 12, 2026 at 07:43 PM GMT+05:00
June 12, 2026 (MLN): The automotive sector dominates Pakistan's customs duty relief architecture, drawing billions in localized concessions.
Out of a total estimated Customs Duty expenditure of Rs499.14bn
for FY 2024-25, automotive players captured the absolute majority.
Specifically, Original Equipment Manufacturers (OEMs) in the
automotive sector enjoyed a massive Rs219.60bn in relief under SRO 656(1)/2006.
Automotive vendors separately accumulated Rs41.70bn in benefits through SRO
655(1)/2006.
Furthermore, completely knocked-down (CKD) kits and electric
vehicle-specific components pulled an additional Rs23.86bn under the Fifth
Schedule Part V(B).
Combined, these automotive exemptions account for more than
half of the customs revenue foregone by the national exchequer.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 179,927.05 365.01M | -1.27% -2314.73 |
| ALLSHR | 109,270.69 838.76M | -1.19% -1312.98 |
| KSE30 | 53,705.71 89.34M | -1.33% -726.00 |
| KMI30 | 253,531.92 109.38M | -1.32% -3382.29 |
| KMIALLSHR | 70,152.63 543.97M | -1.25% -888.68 |
| BKTi | 50,997.50 18.73M | -1.38% -715.26 |
| OGTi | 36,216.08 8.18M | -1.21% -443.50 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 62,435.00 | 62,730.00 61,925.00 | 85.00 0.14% |
| BRENT CRUDE | 84.96 | 85.64 83.68 | 1.66 1.99% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.15 -1.08% |
| ROTTERDAM COAL MONTHLY | 119.35 | 119.35 119.35 | 2.00 1.70% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 80.00 | 80.42 77.86 | 1.86 2.38% |
| SUGAR #11 WORLD | 14.76 | 14.98 14.62 | -0.12 -0.81% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|