Wednesday, October 02, 2013

129,213 reconditioned vehicles imported in last five years: MoCTI

In Pakistan a total of 129,213 reconditioned vehicles had been imported in the country during the last five years, Ministry of Commerce and Textile Industry (MoCTI) says.

The foreign exchange equalling to Rs 68,081.803 million had been incurred on the imports of the reconditioned vehicle in the last five years.

As many as 4,585 reconditioned buses, coaches and wagons incurring foreign exchange of Rs 4,915.944 million, 122,352 cars and jeeps incurring foreign exchange of Rs 60,721.73 million, 2,276 Trucks incurring foreign exchange of Rs 2,444.129 million had been imported in the country from July 2008 to June 2013.
As many as 360 buses, coaches and wagons incurring foreign exchange worth Rs 309.555 million, 4,551 cars and jeeps incurring foreign exchange of Rs 2,221.52 million, and 482 Trucks incurring foreign exchange of Rs 377.308 million have been imported in the country in FY 2008-09.
A total of 682 buses, coaches and wagons incurring foreign exchange of Rs 688.815 million 5,630 cars and jeeps valuing foreign exchange equivalent to Rs 3,095.52 million and 538 trucks valuing foreign exchange equaling to Rs 505.977 million have been imported in the country during the financial year 2009-10.
As many as 749 buses coaches and wagons valuing Rs 907.854 million, 10,761 cars and jeeps valuing Rs 5,441.19 million and 461 trucks valuing Rs 583.249 million have been imported in the country during the financial year 2010-11.
Yet other 1,469 buses, coaches and wagons valuing 1,529.36 million, 55,993 cars and jeeps valuing Rs 26,632.70 million and 360 trucks valuing Rs 453.757 million have been imported in the country during financial year 2011AFP
As many as 1,325 buses, coaches and wagons valuing Rs 1,480.36 million, 45,417 cars and jeeps valuing Rs 23,330.80 million and 435 trucks valuing Rs 523.838 million have been imported in the country in FY 2012-13.
The reconditioned vehicles were imported as Personal Baggage or on Transfer of Residence or as Gift.

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