Car imports in Completely Built-Up (CBU) form have risen in Pakistan significantly as of late.
According to a recent Tweet from Ali Khizar, a popular business analyst, a total of 1,159 cars in CBU form were imported to Pakistan in June 2023. The combined value of the said automotive imports is $20 million.
Out of the total number of cars, 1,033 were used, while 126 were brand new. The imports include cars such as Lamborghini Urus, BMW iX and i7, Mercedes-Benz EQS, EQC, S580, AMG G63, Toyota Land Cruiser, Lexus LX570, Range Rover, and a few other basic passenger cars.
According to Khizar, the current government has made some revisions to the rules regarding imports under the baggage scheme. He added that, as a result, car imports will continue to increase in the coming months.
The netizens have raised concerns regarding the data shared by Khizar. A tweet stated that these policies are a strain on foreign exchange reserves and will weaken the economy further.
قرض کی پیتے تھے مے، لیکن سمجھتے تھے کہ ہاں
ر نگ لا وے گی ہماری فا قہ مَستی ایک دِن
سب کچھ عوام سے چھپایا جاتا ہے، میڈیا بھی ان کے ٹاؤ ٹ کا رول ادا کرتا ہے کاش ان لوگوں اور اداروں کے نام بھی سامنے آ ئیں جنہوں نے یہ گاڑیاں امپورٹ کیں آ
all the retired generals , ex pm , ex president, ex judges , etc are allowed 2 luxury vehicles upto 5000c every few years DUTY FREE for security reasons. They are allowed to sell vehicles in open market . easy money
We should get out of this mind set of luxury vehicles, except high end sports car..
To tax, our babus label them as luxury vehicles typical above 1800-2000cc size… In the world, no body plays as such or categorizes these vehicles as such… Infact, by super high taxes and labellings, Pakistan elite has created a niche uneccessarily so as ordinary people cannot buy one……
Pakistan should instead of affordable taxes for people to buy instead making it so expensive that smuggling is easy way out
People must understand that Pakistan sbp reserves only low for poor citizens. Rich are exempt. This is the result of “Talway Chatna” of pmln, pti and ppp instead of questioning them as they are servants.