January 29, 2011

Pakistani Auto dealers exploiting car import policy

By Moonis Ahmed

KARACHI: The local car dealers are reportedly involved in prima facia violation of vehicle import policy that was formulated to facilitate overseas Pakistanis on their return to homeland, sources told Daily Times.

The dealers have been openly exploiting car import policy—transfer of residence, gift and personal baggage scheme — at large and importing thousands of used cars at the expense of billion of dollars of foreign exchange of the country, sources said.
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