KARACHI: The Federal Board of Revenue (FBR) has slashed the regulatory duty (RD) on sport utility vehicles (SUVs) and all-terrain vehicles from 50 percent to 20 percent. The FBR issued SRO 1064(I)/2026, replacing SRO 1152(I)/2025. According to the notification, which takes effect from July 1, 2026, the RD on SUVs (1, 800cc and above) and all-terrain vehicles, previously 50 percent under SRO 1152(I)/2025, has now been reduced to 20 percent. Smaller-engine SUVs (below 1, 800cc) and CBU vehicles also saw modest reductions, generally from 10 percent to 8 percent. Copyright Business Recorder, 2026
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