INCOME TAX ORDINANCE, 2001
EXEMPTION FROM SPECIFIC PROVISIONS
Income, or classes of income, or persons or classes of persons, enumerated below, shall be exempt from the operation of such provisions of this Ordinance, subject to such conditions and to the extent, as are specified hereunder:-
(56) The provisions of section 148, regarding withholding tax on imports shall not apply in respect of—
(xvi) motor vehicles upto 1000cc in CBU condition.
Sub section (xvi), Section 56, Part IV, of Income Tax Ordinance, 2001