Enacted · Finance Act 2026

Vehicles — Budget 2025–26 vs 2026–27

Verified EV concessions, imported-vehicle excise duties, ICT motor-vehicle tax and Section 231B treatment in Pakistan.

Reviewed against Finance Act 2026

Enacted 26 June 2026Effective 1 July 2026

Vehicle budget changes overview

0% / 30% / 40%

basic FED on imported CBU EVs by customs value

86%

additional special duty on imported 2000–3000cc vehicles

92%

additional special duty on imported vehicles above 3000cc

PKR 20,000

ICT lifetime motor tax up to 1000cc

What changed for vehicles?

1. Eligible locally made EVs — sales tax

Extended
FY 2025–26
1% through 30 June 2026
FY 2026–27
1% through 30 June 2027

2. Eligible EV CKD kits — sales tax

Extended
FY 2025–26
Exempt through 30 June 2026
FY 2026–27
Exempt through 30 June 2027

3. Imported CBU electric cars and SUVs — basic FED

New bands
FY 2025–26
No standalone customs-value schedule
FY 2026–27
0% ≤ USD 75k; 30% > USD 75k–110k; 40% > USD 110k

4. Imported vehicles 2000–3000cc — Special Excise Duty

New levy
FY 2025–26
No Special Excise Duty
FY 2026–27
86% ad valorem, in addition to ordinary FED

5. Imported vehicles above 3000cc — Special Excise Duty

New levy
FY 2025–26
No Special Excise Duty
FY 2026–27
92% ad valorem, in addition to ordinary FED

6. ICT motor-vehicle tax — up to 1000cc

Higher
FY 2025–26
PKR 10,000 lifetime
FY 2026–27
PKR 20,000 lifetime

7. ICT motor-vehicle tax — 1001–2000cc

Value-based
FY 2025–26
PKR 1,500 / 4,000 / 5,000 per year by cc band
FY 2026–27
0.25% of invoice value per year

8. ICT motor-vehicle tax — above 2000cc

Value-based
FY 2025–26
PKR 8,000 / 12,000 per year by cc band
FY 2026–27
0.35% of invoice value per year

9. Section 231B registration and transfer advance tax

No rate change
FY 2025–26
Existing registration and transfer rate tables
FY 2026–27
Same rate tables; only a housekeeping edit to subsection (6)

The 86% and 92% figures are Special Excise Duty under new section 3(3B), expressly charged in addition to ordinary FED. They are not total all-in vehicle tax rates.

Example: imported CBU EV valued at USD 90,000

Applicable value band

> USD 75k to USD 110k

Basic FED rate

30%

Basic FED

USD 27,000 equivalent

The value band is determined using the customs value under Section 25 of the Customs Act. Rupee liability depends on the customs assessment and applicable exchange rate.

Frequently asked questions

What is the new tax on imported electric vehicles?

Imported CBU electric cars and SUVs now fall under a basic FED schedule based on customs value: 0% up to USD 75,000, 30% above USD 75,000 to USD 110,000, and 40% above USD 110,000. FY 2025–26 had no standalone customs-value schedule.

What is the Special Excise Duty on imported vehicles?

New Special Excise Duty under section 3(3B) charges 86% ad valorem on imported vehicles of 2000–3000cc and 92% above 3000cc. It is charged in addition to ordinary FED and is not a total all-in vehicle tax rate.

Are local electric-vehicle concessions still available?

Yes, and they run a year longer. Sales tax on eligible locally made EVs stays at 1% and eligible EV CKD kits stay exempt, both extended from 30 June 2026 to 30 June 2027.

How much is Islamabad motor-vehicle tax in FY 2026–27?

Vehicles up to 1000cc pay PKR 20,000 lifetime, up from PKR 10,000. Vehicles of 1001–2000cc move to 0.25% of invoice value per year and vehicles above 2000cc to 0.35% per year, replacing the previous fixed per-cc-band amounts.

Did Section 231B registration and transfer tax change?

No. The registration and transfer advance-tax rate tables are unchanged. Finance Act 2026 made only a housekeeping edit to subsection (6).

What FED applies to an imported EV worth USD 90,000?

It falls in the band above USD 75,000 to USD 110,000, so basic FED is 30%, or roughly USD 27,000 equivalent. The band is set by the customs value under Section 25 of the Customs Act, and the rupee liability depends on the customs assessment and exchange rate.

Explore budget impact by sector

Compare the enacted FY 2026–27 changes across taxpayers and industries.

Full budget comparison

Freelancers & IT

  • 0.25% PSEB rate extended to Tax Year 2029
  • Export collection: 1.25%
  • Foreign-card WHT: 0.5%
View comparison

Business & super tax

  • 0% for most persons up to PKR 500M
  • 8% above PKR 500M
  • Banks, E&P and fertiliser remain at 10%
View comparison

Property

  • Section 7E repealed
  • Sale WHT: 2.75%
  • Purchase WHT: 1.25%
View comparison

Vehicles

  • Imported EV FED: 0% / 30% / 40% by USD value
  • Imported 2000cc+ vehicles: new special duty
  • ICT ≤1000cc: PKR 20,000 lifetime
Current page

Solar

  • 10% sales tax continues
  • No new Finance Act 2026 increase
View comparison

Defence

  • PKR 3.00T defence services
  • PKR 822B military pensions, separate
  • PKR 925.8B physical assets
View comparison

Official sources