On 4 June 2025, the Ministry of Planning and Finance under the State Administration Council issued Notification 39/2025 (“Notification”), which reduces the import tariffs for locally manufactured fuel-powered vehicles. This applies specifically to vehicles assembled under the Semi-Knocked Down (SKD) and Completely Knocked Down (CKD) systems. According to the Notification, the tariff on Completely Built-Up (CBU) units has been entirely eliminated. The revised tariffs will be effective from 1 June 2025 to 31 March 2026.
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