The Pakistani government is implementing strict measures to increase revenue and has suggested increasing customs duties on imported used hybrid vehicles such as the Toyota Prius.
The government’s unpopular decision is intended to boost the local automobile industry, lower the import bill, and encourage the use of domestically produced vehicles.
By raising customs duties on imported used hybrids like the Toyota Prius, Toyota Aqua, and other models, the government aims to make locally produced vehicles more price-competitive, potentially boosting 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 objectives of promoting domestic industry, reducing reliance on imports, and potentially increasing employment in the local automotive sector.
