GST Hike Impacts Hybrid Vehicle Prices in Pakistan

A recent Goods and Services Tax (GST) hike in Pakistan has led to a significant increase in hybrid vehicle prices, with Toyota and Honda raising rates by over Rs1.3 million. The automotive industry is also awaiting the notification of the new Auto Policy 2026-31 after the previous regime expired.

12 Jul, 02:26 — 12 Jul, 02:26

Post Share

Sources

Showing 1 of 1 sources

DawnMostly Factual20h ago

GST hike pushes up hybrid vehicle prices

• Toyota, Honda raise rates by over Rs1.3m; others suspend invoicing, deliveries • Auto Policy 2026-31 yet to be notified despite expiry of previous regime KARACHI: With the government yet to announce the Auto Policy 2026-31 following the expiry of the 2021-26 policy on June 30 this year, local assemblers have started raising prices of electrified vehicles after the increase in general sales tax (GST) on hybrid vehicles to 25 per cent from 8.5pc in the budget for FY27. Indus Motor Company has...

By none@none.com (Aamir Shafaat Khan)

Read full article →

PERSPECTA

PERSPECTA

GST Hike Impacts Hybrid Vehicle Prices in Pakistan

Sources

GST hike pushes up hybrid vehicle prices

Related Stories

Amazon's First Customer Receipt Goes Viral, Bezos and Musk React

Amenah Pangandaman Appointed Head of Amanah Islamic Bank

Major Retailers Eye Expansion in Pagadian City

Baguio City Faces High Waste Management Costs

PERSPECTA