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FAW V2 Price Increase After FED Imposing

- Views 100 - 10 Jul 2019
Al-Haj FAW has increased the prices of the hatchback namely V2 for July 2019 after implementation of the FED on the cars. Now the rate of the car is increased to PKR 1,389,000. FAW V2 Price Increase After FED Imposing.

The government has imposed the FED for various categories of cars, which will be effected after that the financial budget 2019-2020 gets the approval from the National Assembly. The rate of the FED is given as under:


    • 2.5% FED to be imposed on cars up to 1000 cc engine displacement

    • 5% FED to be charged on cars between 1001 cc and 2000 cc engine displacement

    • 7.5% FED on high-end cars i.e. 2001 cc and above

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