The Federal Board of Revenue (FBR) has removed the role of authorised local agents in certifying the assessed value of imported vehicles, a move aimed at simplifying customs clearance and reducing costs for importers.
Under a new Customs General Order No. 2 of 2026, issued on Monday, the FBR amended Customs General Order No. 14 of 2005, which had allowed authorised local agents of vehicle manufacturers to issue valuation certificates.
Following the amendment, customs authorities will now accept the FOB value of a motor vehicle at the time of manufacture, as certified directly by the manufacturer.
With this change, vehicle importers will no longer be required to approach authorised local agents to obtain certificates of assessed value. Previously, these agents issued valuation certificates against a fee paid by the importer.
Officials said the step is intended to streamline the valuation process, reduce discretionary practices, and ease the cost and time involved in vehicle imports.
The role of local agents in valuation had long been criticised by importers, who argued that the requirement added an extra layer of cost without improving transparency.
The revised procedure shifts reliance to manufacturer-certified FOB values, bringing Pakistan’s customs valuation process closer to international practices and reducing interaction between importers and intermediaries.
Prices are still highest . So nothing changes