The Federal Board of Revenue (FBR) has introduced a major reform aimed at reducing costs for vehicle importers by eliminating the role of authorised local agents in certifying car prices.

Under the newly issued Customs General Order No. 2 of 2026, the FBR has amended Customs General Order No. 14 of 2005, which previously required importers to obtain valuation certificates from authorised local agents of vehicle manufacturers.

Going forward, customs authorities will directly accept the FOB (Free on Board) value of vehicles at the time of manufacture, as certified by the manufacturer itself, bypassing intermediaries. This change is expected to simplify customs clearance procedures and significantly reduce additional costs imposed by local agent assessments.

Industry analysts have welcomed the move, saying it will not only streamline the import process but also encourage competition, potentially leading to more affordable vehicles in the local market. Vehicle importers can now submit documentation more efficiently, without relying on local agents, which often added both time delays and extra charges.

The FBR’s decision reflects a broader effort to modernize customs regulations, improve transparency, and support businesses engaged in international trade. Observers expect that this reform will also have a positive impact on vehicle pricing for end consumers.

Importers are advised to familiarize themselves with the updated customs procedures to ensure smooth processing and compliance with the new regulations.