Commerce ministry rejects report on surge in used vehicles imports

Commerce ministry rejects report on surge in used vehicles imports

ISLAMABAD  –  The ministry of commerce has reject­ed a report published in a section of the press regarding a surge in imports of old and used vehicles, stating that it contained factual inaccuracies that gave the impression of an unchecked increase in imports. According to offi­cial data, a total of 2,095 vehicles were imported under the relevant schemes in September 2026. These included 2,047 vehicles under the Gift Scheme, 47 under the discontinued Personal Baggage (PB) Scheme, and one un­der the Transfer of Residence (TR) Scheme, commerce ministry said. The ministry further said that the report­ed figure of 2,276 vehicles allegedly imported under the Gift Scheme was incorrect. Similarly, actual total of im­ported vehicles during June 2026 was only 90, comprising 62 under the Gift Scheme, 25 under the PB Scheme, and three under the TR Scheme and not 843 vehicles including 806 under the Gift Scheme as wrongly reported by a section of media. The ministry stated that imports under these schemes totalled 16,651 vehicles during Janu­ary – September 2026 compared with 37,035 during the corresponding peri­od in 2025, marking a 55% decline. It said this substantial reduction demon­strated the visible impact of changes introduced in the schemes for import­ing old and used vehicles. The report also raised concerns regarding en­forcement of the one-year restriction on the transfer of ownership of vehi­cles imported under the Gift Scheme.

It’s now or never: Govt forcefully defends governor’s rule in KP

NIPCO House, 4 – Shaharah e Fatima Jinnah,

Tel: +92 42 36367580    |     Fax : +92 42 36367005

📰 Original Source Attribution

Reported by nation.com.pk.

Read Original Report at nation.com.pk ↗
Share: WhatsApp WhatsApp
💬

Comments (0)

Join the Conversation

No comments yet. Be the first to share your opinion!

You may like