MIAMI AND SAN DIEGO AND ATLANTIC CITY, N.J (PRWEB) March 01, 2018
The used automobile industry of Pakistan has been in a state of confusion for the past few months due to the new policy that was adopted by the Government regarding import of used vehicles. The policy had led to a situation where more than 10,000 vehicles were stranded on different ports, awaiting clearance from the customs authorities.
The Government of Pakistan issued SRO1067 (I)/2017 on October 20, 2017, which posed new restrictions on vehicles imported under Personal Baggage Scheme, Gift Scheme and Transfer of Residence, greatly increasing the cost of importing a used vehicle in the country.
The policy had received strong response from the local business community, which demanded the Government to reconsider the decision as it damaging the used automobile industry and the economy as a whole.
The government has now reverted the new policy on demand of the importers. All vehicles will now be imported under the same policy as in effect before October, 2017. Auction House Japan, one of the most trusted names in the used automobile industry has congratulated Pakistani importers on this news.
“We would like to congratulate the importers of used vehicles in Pakistan on the reversal of the policy that made it costly for them to import vehicles from Japan.” Stated a spokesman from Auction House Japan. “Auction House Japan has always ensured the provision of best quality used cars to the importers at the lowest possible prices. We are happy that our customers in Pakistan will now continue to benefit from our services.” The spokesman concluded.
The reversal of the policy is considered by the stakeholders as the right thing to do and is in the interest of the Pakistani economy and used car importers.
About Auction House Japan:
Auction House Japan is a used Japanese vehicles exporter, catering to importers from Africa, Asia, Europe, the Caribbean, Oceania and CIS. Auction House Japan has a wide network of more than 140+ auction houses in Japan including the Chubu Industrial Region of Japan, Tokyo, Nagoya, Yokohama and Osaka.