BR100 Decreased By (-0.54%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.37%)
AGHA 6.62 Decreased By ▼ -0.05 (-0.75%)
BECO 4.39 Increased By ▲ 0.04 (0.92%)
BML 54.95 Decreased By ▼ -1.22 (-2.17%)
BOP 29.93 Decreased By ▼ -0.19 (-0.63%)
CNERGY 12.80 Decreased By ▼ -0.18 (-1.39%)
CSIL 5.20 Decreased By ▼ -0.11 (-2.07%)
FCCL 51.18 Decreased By ▼ -0.47 (-0.91%)
FFL 14.40 Decreased By ▼ -0.09 (-0.62%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.60 Decreased By ▼ -0.24 (-4.11%)
LOTCHEM 26.07 Decreased By ▼ -0.10 (-0.38%)
MLCF 89.90 Decreased By ▼ -1.33 (-1.46%)
NBP 162.53 Decreased By ▼ -1.66 (-1.01%)
NCPL 52.37 Decreased By ▼ -0.81 (-1.52%)
NPL 57.85 Decreased By ▼ -1.27 (-2.15%)
OGDC 313.00 Decreased By ▼ -0.39 (-0.12%)
PACE 9.71 Decreased By ▼ -0.06 (-0.61%)
PAEL 34.90 Decreased By ▼ -0.34 (-0.96%)
PIBTL 14.37 Decreased By ▼ -0.34 (-2.31%)
PPL 219.15 Decreased By ▼ -2.21 (-1%)
PRL 91.60 Increased By ▲ 0.38 (0.42%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.37 Increased By ▲ 0.07 (0.3%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.47 Decreased By ▼ -0.14 (-1.84%)
TPL 21.32 Decreased By ▼ -0.71 (-3.22%)
TPLP 12.14 Decreased By ▼ -0.42 (-3.34%)
TREET 21.64 Decreased By ▼ -0.09 (-0.41%)
TRG 55.20 Decreased By ▼ -0.59 (-1.06%)

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has expressed deep disappointment over the government’s inaction on curbing the import of used vehicles, which continues to undermine Pakistan’s local auto industry, formal economy, and tax base.

Despite PAAPAM’s detailed submissions to the Ministry of Commerce and the Ministry of Industries — highlighting the grave implications of used car imports, the Economic Coordination Committee (ECC) has deferred a decision and referred the matter back for further stakeholder consultation. Three weeks have passed without progress, while over 3,500 used vehicles were imported last month alone—90 percent under the baggage scheme.

“This is not just an industrial issue — it’s a national economic concern,” said a PAAPAM spokesperson.

“The used car trade has become a Rs 200 billion black money channel. Passports of overseas Pakistanis are being misused, vehicles are sold for cash without documentation, and the government is losing both tax revenue and credibility.”

The PAAPAM emphasised that locally manufactured vehicles require NTN and CNIC reporting to the FBR, while used cars are sold second-hand without traceability. The fixed tax on vehicles under 1300cc has not been revised in over a decade, resulting in significant revenue loss. The continued import of used vehicles sends a negative signal to domestic manufacturers and job creators.

With over 13 local assemblers now producing a full range of vehicles, PAAPAM asserts there is no justification for used car imports. Comparative research shows that Pakistani vehicles are competitively priced against those in Indonesia and Thailand.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.