The Federal Board of Revenue has eliminated the requirement for authorised local agents to certify the assessed value of imported vehicles, aiming to simplify customs procedures and reduce costs for importers. Under Customs General Order No. 2 of 2026, the FBR amended the previous regulation, Customs General Order No. 14 of 2005, which had permitted local agents of vehicle manufacturers to issue valuation certificates.
Following this amendment, customs authorities will now accept the FOB value of a motor vehicle at the time of manufacture, certified directly by the manufacturer. Vehicle importers are no longer required to obtain valuation certificates from local agents, a process that previously involved additional fees and time.
Officials stated that this reform is designed to streamline the vehicle valuation process, minimize discretionary practices, and reduce both the cost and procedural delays associated with importing vehicles. The previous system was criticized by importers for adding an unnecessary layer of expense without enhancing transparency.
By relying on manufacturer-certified FOB values, Pakistan’s customs valuation process now aligns more closely with international standards, reduces intermediary involvement, and facilitates faster, more efficient vehicle imports.
