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Govt Plans A Hidden Tax for Every Fuel-Based Car Owner in Pakistan
- The government in Pakistan plans to introduce an Energy Vehicle Adoption Levy on fuel-powered vehicles to encourage the adoption of electric vehicles.
- The Federal Board of Revenue (FBR) aims to discourage traditional fuel-powered vehicle use and shift towards electric mobility with this new levy.
- Internal combustion engine vehicles below 1300cc will face a one per cent ad valorem charge on the invoice price, inclusive of duties and taxes.
- Vehicles with engine capacities between 1300cc and 1800cc will be subject to a two per cent ad valorem charge, whether locally manufactured or imported.
- For vehicles exceeding 1800cc, a three per cent ad valorem levy will be imposed on manufacturers and importers.
- Commercial transport vehicles like buses and trucks powered by internal combustion engines will also be charged with a one per cent levy.
- The Energy Vehicle Adoption Levy is part of the government's strategy to reduce emissions and promote electric vehicle usage in line with global trends.
- If approved, this proposed levy will be incorporated into the 2025-26 fiscal policy framework in Pakistan.
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