Islamabad: The Federal Revenue Board (FBR) clarified on Saturday that no statutory regulatory order (SRO) has been issued allowing ex-military exemptions for duty-free importation of bulletproof vehicles.
“FBR categorically denies reports appearing in parts of the media that it has issued an SRO that allows duty-free import of bulletproof vehicles,” the tax regulator said in a statement.
The tax collector added that the federal cabinet had authorized the facility in 2019, however, no notification has been issued about the impact so far.
In a separate statement, PM’s aide Salman Sufi said there were no questions. to permit duty-free imports to any officer
“Everyone must pay a fair share of duties when importing any vehicle,” he tweeted.
It was previously reported that, after receiving approval from the Federal Cabinet, FBR exempted high-ranking military officials from paying all duties and taxes on imports of bulletproof vehicles up to 6,000cc after retirement and will be issued. notification soon
The report said the FBR member customs policy signed an official notification of the impact on Friday. But it has not been published on the official website.
However, leading official sources confirmed to news On Friday night, exemptions from customs, sales tax, withholding tax and federal excise duty (FED) will apply to imports of up to 6,000cc of bulletproof vehicles by retired military personnel, including Lieutenant General. head of service Chief of Staff Chief of Staff of the Army and Chair of the Joint Chiefs of Staff (CJCSC)
The source believes that FBR may soon place a relevant notification on its website. But all official requirements were met after obtaining permission from the Federal Cabinet to allow this type of tax exemption.
However, certain conditions are attached to this authorization. FBR will allow duty and tax exemptions for the importation of such vehicles by said officers upon retirement on the recommendation of the Department of Defense.
All four-star generals are allowed to import two cars after retirement, according to the report.
Vehicle owners must obtain prior authorization from FBR for the sale of such vehicles after importation.
If the vehicle is sold before the five-year period, FBR will refund all applicable duties and taxes at the time the vehicle is imported.
