Import of used cars from Japan posted a sharp decline in fiscal year 2010-2011 from that of the previous two years. Importers said the reasons for the drastic fall in used car import included increased import duty, scarcity of used cars in Japan after the devastating tsunami hit the country in March, and devaluation
car import
NBR to relax rules on new car import
The National Board of Revenue is going to relax a rule for the importers of brand new cars that was incorporated in the latest budget to prevent tax dodging through under invoicing. NBR officials said the board is going to recommend the finance ministry to allow importers to produce to customs department invoices certified by ... Read more