ISLAMABAD, June 22: The government on Friday allowed clearance of smuggled vehicles on 30 per cent redemption fine, besides payment of duty and taxes.

An official announcement issued here said that the facility would be available till June 30, 2007. Thereafter, such vehicles will be confiscated out rightly.

The smuggled vehicles with non-tampered chassis or vehicles imported in violation of the Import Policy, excluding trucks, buses and their chassis were allowed to be cleared under the scheme.

It is clarified that trucks, buses and their chassis, whether smuggled or imported in violation of the policy already stand excluded from the redemption fine regime.

The decision was announced in the budget that tainted import of vehicles utilising redemption fine started adversely affecting lawful imports as well as local industry. Keeping this in view to provide protection to local industry, the facility was restricted now only to June 30, 2007.

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...