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Tax exemption on 6000 cc bulletproof vehicle on retirement for senior military officers SEDI News

ISLAMABAD: The federal government has given conditional permission to lieutenant generals and above officers on retirement to import bulletproof vehicles up to 6000 cc without taxes and customs duties. According to the notification issued by FBR, customs duty, sales tax, widow holding tax, federal excise duty for ordering vehicles up to 6000 cc after retirement to lieutenant generals, army chief, chairman joint chief of staff committee and service chiefs. According to the notification, Lieutenant Generals, Army Chiefs, Chairman Joint Chiefs of Staff Committee and Service Chiefs will be allowed to buy bulletproof vehicles on the recommendation of the Ministry of Defense at the time of retirement, without duty and taxes. Bullet proof vehicles will not be sold for 5 years without prior approval from FBR while all duties and taxes will be collected on sale of vehicles before 5 years.

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