Duties :- 5-35%
Motor vehicles :- 25%
VAT :- 12%
Ports and Airport Levy (PAL) :- Generally 5% of the CIF value, or in some cases at a reduced rate between 0% and 2.5%, of the CIF value.
Ad valorem rates :- 1%- 45% (of the CIF value).
Nation Building Tax :- Two percent of the sum of the CIF value X 110 percent, customs duty, cess, excise duty and PAL.
How does Customs determine the value for computation of Customs Duties?
Value of motor vehicles falling within HS headings 8702, 8703, 8704, 8705 and 8711, value is determined as follows:
1. In case of a Brand New vehicle imported on an invoice issued or certified by the manufacturers, the transacted value shall be applied.
2. For all other vehicles, the value shall not be below 85% of the manufacturer’s value, excluding local taxes, of a similar or identical brand new vehicle at the country of export. (Please see Gazette Extraordinary No. 1971/10 of 14.06.2016 for more information)
In addition to the requirements to be fulfilled in importing a vehicle in to the country, as explained before, you must make sure that