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car tax

FBR overhauls luxury car valuation to block tax leaks

January 27, 2026 by maleeha zahid

The Federal Board of Revenue has ended the role of local agents in valuing imported luxury vehicles, aiming to stop under-invoicing that caused major losses to government revenue. Now, customs duties and taxes will be calculated using prices verified directly by international manufacturing companies, making the process more reliable and harder to manipulate across all […]

Filed Under: Business Tagged With: car tax, customs reform, FBR valuation, imported vehicles, Latest, luxury car imports, vehicle under-invoicing

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