Toyota Prius Price in Pakistan Increases after Custom Duty

Toyota Prius Price Increases in Pakistan after Custom Duty The Pakistani Government is taking tough measures to increase revenue. The government has suggested increasing customs duties for imported hybrid vehicles, such as the Toyota Prius.

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The unpopular government decision is intended to promote domestic automobile manufacturing, reduce imports, and support the local auto industry. This decision supports the government’s larger goals of promoting the domestic automotive industry, reducing dependence on imports, and possibly increasing employment.

Toyota Prius Price in Pakistan Increases After Custom Duty Hike

The government wants to increase the competitiveness of locally produced cars by increasing customs duties for imported hybrids, such as Toyota Prius and Toyota Aqua. This could boost the production and sales of domestic cars.

Toyota Prius Expected Price Increase 2024

Vehicle PRIUS ZVW51
Model 2024
Previous Duty Rs3,690,000
Expected Duty Rs5,500,000
Total Difference Rs1,810,000

Toyota Prius Expected Price Increase

The government has increased taxes on used hybrids imported from abroad, such as Toyota Prius or Toyota Aqua. The government is trying to lower the price of locally produced cars and increase their production. This action supports the government’s larger goals of promoting local industries, reducing dependency on imports and possibly creating more jobs within the local automotive industry.

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Price in Pakistan after Custom Duty Hike

This is in line with the government’s larger objectives to promote domestic industries, decrease dependence on imports, and possibly increase employment in the local auto sector.

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