Under The IMF Agreement, The Government Permits The Commercial Importation Of Second hand Cars.

By permitting the commercial import of automobiles older than five years, Pakistan has complied with yet another stringent requirement of the International Monetary Fund (IMF).

This change took effect on October 1st, 2025. The Ministry of Commerce has officially approved the commercial importation of used automobiles, which will now only be handled by banks. According to officials, such imports would be subject to a (40%) regulatory duty; the Federal Board of Revenue (FBR) is going to notify the public of the charge soon.

Also Read: Goods Carriers Declare A 3% Fare Rise And Dispute The Increase In Fuel Prices.

Additionally, the Engineering Development Board (EDB) has established strict guidelines for commercial imports. Only automobiles that obtain international certification will be allowed to enter Pakistan.

Additionally, authorities stated that they will shortly disclose the regulations governing the monthly depreciation or decrease in the estimated value of older automobiles. Discussions about revenue shortages, ongoing tax lawsuits, and fiscal changes were the main topics of the second review meetings between Pakistan and the International Monetary Fund (IMF) on the ongoing loan program.

Federal Board of Revenue (FBR) information claim that the IMF was briefed on the causes of the failure to meet tax collection goals. In court matters concerning the FBR, especially super tax issues, the Fund pressed Pakistani authorities to move quickly. According to officials, if decision are made in the FBR’s favor, it still hopes to recover around (Rs200 billion).