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GOVT ANNOUNCES NEW ELECTRICAL VEHICLE POLICY

The Federal Cabinet on Tuesday affirmed the new Electric Vehicle (EV) strategy for four wheelers.

As per a report by Geo News, the new approach specifies rules for electric-run four-wheelers along the lines of import and fare, tax collection, enlistment, and customs obligation.

The notable highlights of the new approaches were shared on Twitter by the Federal Minister for Industries and Production Hammad Azhar not long after the public authority affirmed it.

As indicated by the remarkable highlights of the new EV strategy, extra traditions obligation, just as Additional Sales Tax (AST) on the import of EV vehicles, will presently be eliminated.

Under the new strategy, just 1% duty will be exacted on the import of EV parts for makers, while the governmeT

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