Govt imposes new EV Levy to increase RS10BN revenue in revenue

• 1% levy for cars below 1300cc.
• 2% Levy Targets 1300cc to 1800cc Vehicles.
• Cars over 1800cc to pay 3% EV Levy.

Islamabad: The government has notified the imposition of the energy adoption levy on both locally constructed and imported vehicles, with the aim of increasing 10 billion Rs to support the promotion of electric vehicles (EVS) in the country, The news reported.

According to a notification issued by the Federal Revenue Council (FBR) in accordance with the first program of the funding law, in 2025, all internal combustion vehicles collected or manufactured in Pakistan with a engine capacity below 1,300 cubic centimeters will be subject to 1% ad value

For all internal combustion vehicles imported into Pakistan with a motor capacity of less than 1,300cc, the person who imports internal combustion engine will pay 1% estimated value advertising including duties and taxes.

For all internal combustion vehicles assembled or manufactured in Pakistan with a engine capacity of 1,300cc to 1,800cc, the manufacturer will pay 2% invoice invoice ads, including duties and taxes.

In all internal combustion engine vehicles imported into Pakistan with a motor capacity of 1,300cc to 1,800cc, the person who imports an internal combustion vehicle will pay 2% advertising of estimated value, including duties and taxes.

All internal combustion vehicles assembled or manufactured in Pakistan with a engine capacity of over 1,800cc, the manufacturer will pay 3% invoice invoice ads, including duties and taxes.

All internal combustion engine vehicles imported into Pakistan with a motor capacity of over 1,800cc, the person who imports internal combustion engine will pay 3% value of estimated value including duties and taxes.

A bus and a truck with an internal combustion engine mounted or manufactured in Pakistan, the manufacturer will pay 1% price advertising advertising, including duties and taxes.

A bus and truck with an internal combustion engine imported into Pakistan, the person who imports an internal combustion vehicle will pay 1% advertising of estimated value including duties and taxes.