KARACHI: The Ministry of Commerce has amended the Import Policy Order 2022, imposing a ban on the import of used cars under the “personal baggage scheme.”

The ministry on Wednesday issued an SRO 61(I)/2006, which said that used cars would be imported only under the “transfer of residence and gift schemes.”

Vehicles imported under the gift and transfer of residence schemes shall remain non-transferable for a period of one year from the date of importation, the SRO said.

Vehicles imported under the transfer of residence scheme shall be from the same country in which the overseas Pakistani resides. The time frame for importing the vehicles has also been extended to 850 days from the previous 700 days from the date on which the Goods Declaration for the last import under this order was filed.

Commerce ministry restricts import of second-hand........

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