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ISLAMBAD – Buying a Honda Civic or Toyota Grande will now cost youRs280,000 more because the government has increased duties on these cars inits supplementary budget announced on Wednesday.
In the Finance Supplementary (Second Amendment) Bill, 2019, the governmenthad proposed a 10% increase in federal excise duty for locally-manufacturedmotor vehicles with an engine capacity of 1800cc and above.
However, it has now revised the proposed engine capacity to 1700cc variantsand above.
This means that the Honda Civic 1799cc variant and Toyota Altis Grande1798cc variant will now fall under the purview of this amendment and see aprice increase of 10%.
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According the company websites, the variants of both cars are selling forRs2.8 million.
While lovers of Civics and Grandes will have to pay more, the supplementarybill comes with another amendment that will allow non-filers to buylocally-manufactured cars irrespective of their engine capacity.
This is because the government has abolished a restriction that barrednon-filers from buying new vehicles above 1300cc engine capacity.
