The Senate Standing Committee on Industries and Productions was Friday informed that in case of failure to deliver a car within 60 days of the booking, the purchaser can claim back the own money as well as payment of KIBOR plus 3 percent interest.
The committee, which met under the chairpersonship of Senator Khalida Ateeb, was briefed by the Engineering Development Board (EDB) on the question of own money on car bookings raised by Senator Dr Asif Kirmani. It was further informed that the purchaser has to pay only 20 percent of the total price of the car at the time of booking.
On the point of standardization and quality of products and parts of the automobiles, the committee was informed that the accessories of Honda Company are locally manufactured affecting the quality of products. It was further informed that the EDB has no role in the standardization of production.
The Pakistan Standards & Quality Control Authority (PSQCA) which is an autonomous body subordinate to the Ministry of Science and Technology has the mandate to regulate and enforce quality standards in Pakistan.
The committee also showed concern over the procedure through which a car is cleared for a road test and inquired whether or not the procedure is counter-checked by another authority other than the company itself. The committee also raised a question from the EDB on the delayed delivery time of the automobiles.
The committee was also apprised of the Auto Industry Development and Export Policy (AIDEP 2021-26) which gave incentives to the auto sector under Auto Industry Development and Export Policy (AIDEP 2021-26). It was informed that all taxes are removed on locally manufactured cars up to 1000cc (meri Garri Scheme). The prices of locally manufactured cars have also been brought down (above 1000 cc) through a reduction in FED by 2.5 percent on each category of cars /SUVs and LCVs.
The meeting was attended by Senators Fida Muhammad, Hidayat Ullah, Dr. Asif Kirmani, Mohammad Abdul Qadir, and Senator Shaheed Khalid Butt. Secretary Ministry of Industries and Production, Engineering Development Board CEO, and other senior officers were also in attendance.
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60 days of booking what?!…. What about people who have paid the complete amount along with WHT and were given 5 month booking. Will these people also get the interest after 2 months??
I’m booking in 2 December 2021 but not sure please
Totally drama by white collar thugs. When their pockets getting empty they call meeting and sleep as soon as they get their face value.
I’m still waiting for my compensation from suzuki since 4 months. They already failed to implement the law whats new they will do?
They will do nothing, coz thugs are not hanged in Pakistan but many others pared up to save looters.
Har insan apni pocket bhar raha ha aj kall ka dor ma gare lana jao to khta ha 8 lac rupees hma extra own money da hum ap ko gare data ha or gare book krwa do to rate increase kr dya jata ha ya halat ha aj kall ha gare february ma book krwae ha toyota crolla rate increase hogaya ge 5 lac do ge 5 lac extra ya kia ha sb drama february ma gare book krwae ha or abe tak gare nae milli abhe bhe 3 month para ha gare ka ana ka pata nae gare kb ae ge kb ae ge
So they officially accept OWN money BHATTA now.
In Pakistan the big players of car industry are part of Mafia and manipulating excess charges through ON payments to consumers, they should be hardly punished for these malpractices to reduce the prices and delivery time to reasonable level, but who will do that the person for the implementation of law are corrupt here in Pakistan and will have curse of Allah sooner, InshAllah.
Baray log bari corruption. Chotay log choti corruption. Koi chiz is mulk me corruption se nhi bachi. Corruption index 140 se bhi girr gya mubarak hajio ko
It’s such a big mafia,I wanted to purchase a car but bc of own money and late bookings bought a 1 yr old used car which cost me the same as brand new car.where do we go? When prices are hiked up the car we booked its prices go up and used cars prices are also increasing exponentially.we should start riding bicycle like geo news was suggesting that it’s good for heath.Now they don’t talk about mehngai and petrol prices.
If a good step is being taken, we should appreciate it and not ridicule it.
This is how improvement comes about
On the one hand they want delivery in 60 days from booking, and on the other they allowed back CBU Imports after banning them for 4 days. That means they just want the car makers to stop production and start importing CBU cars?
I booked my Kia stonic EX+with full money which was in January 7th 3959000 and they gave me time for delivery in May after that in March they increased 475000.and in April they increased 2750000.They said to me you have to pay all amount which Will be increased till the time of delivery.After that I cancel my booking and they return my money without any profit after 40 days ,And u can’t do anything in this regard because they have big lawyers