Importers of bike spare parts in trouble over high taxes
Association chairman criticises govt for imposing cumulative
85.5% duty
It’s not the case that bike financing was unprecedented in Pakistan. The credit facility has been in place, but the renewed and increased interest is something new. PHOTO: FILE
KARACHI:
Stakeholders of the motorcycle spare parts segment of the automobile industry have said that the sector is overburdened with a high customs duty and additional customs duty applicable to the import of spare parts of two-wheelers.
Speaking to The Express Tribune, All Pakistan Motorcycle Spare Parts Importers and Dealers Association Chairman Khalid Waheed criticised the government for slapping a cumulative 85.5% duty on commercial importers of auto parts.