Car Importers in Trouble: FBR Scraps ‘Local Agent’ Prices
In a major policy shift that is set to reshape the imported car market in Pakistan, the Federal Board of Revenue (FBR) has announced significant changes to how customs value imported vehicles. Under the newly issued Customs General Order (CGO) No. 02 of 2026, the long-standing use of “local agent” valuations for determining customs duty […]