THE SECOND SCHEDULE
[See Section 3(36)]
In the Customs Act, 1969 (IV of 1969), for the Fifth Schedule, the following shall be substituted, namely: -
THE FIFTH SCHEDULE
[see section 18(1A)]
Part-V(A)
Import of Electric Vehicles (EV) CBU & their Parts
Under Electric Vehicle Policy 2020
TABLE-III
[Miscellaneous]
S. No. |
Description |
Customs duty (%) |
Conditions |
(1) |
(2) |
(3) |
(4) |
1. |
Plant and machinery specifically designed for use in manufacturing of electric vehicles |
0% |
(i)The concession shall be admissible on one-time basis for setting up the new assembly and/ or manufacturing facility of electric vehicles, and for expansion in the existing units, duly approved/ certified, by the Engineering Development Board (EDB).
(ii)The concession shall be admissible to manufacturers of the electric vehicles specified in column (2) of Table-II above, subject to certification by EDB that the plant & machinery is specifically designed for use in setting up of electric vehicle manufacturing only. |
Source:
S. No. 1, TABLE-III, Part-V(A), of The Fifth Schedule, of the Customs Act 1969
https://download1.fbr.gov.pk/Docs/2021711171234418SecondScheduleofFA(5thScheduleofCA).pdf