Pakistani government is taking stern measures to boost revenue and it also proposed raising custom duties on imported used hybrid vehicles like Toyota Prius.
The government’s unpopular move aims to promote the local automobile industry, reduce the import bill, and encourage the use of locally manufactured vehicles.
By increasing the customs duties on imported used hybrids like Toyota Prius, Toyota Aqua and other units, the government hopes to make locally produced vehicles more competitive in terms of pricing, which could lead to increased sales and production in the domestic market.
Toyota Prius Expected Price Increase 2024
| Vehicle | PRIUS ZVW51 |
| Model | 2021 |
| Previous Duty | Rs3,690,000 |
| Expected Duty | Rs5,500,000 |
| Total Difference | Rs1,810,000 |
This aligns with the government’s broader goals of promoting domestic industry, reducing reliance on imports, and potentially boosting employment in the local automotive sector.
