Wednesday November 29, 2023

Electric vehicles exempted from 25pc sales tax: Naveed Qamar

By Our Correspondent
March 11, 2023

ISLAMABAD: Minister for Commerce Syed Naveed Qamar said that the commerce ministry held a meeting on Torkham border and removing bottlenecks to overland trade.

The minister said exports are only way out of the economic crisis and it has to be on a national priority. “Electric vehicles are exempted from an enhanced sales tax rate of 25 percent and regulatory duty to ensure clean air policy,” he added.