Due to the recent strengthening of the Pakistani rupee versus the US dollar, the Indus Motor Company (IMC) made the decision to pass along the positive effects of favourable exchange rates to its clients.
The updated prices for the cars, which took effect on August 15, 2022, are listed below.
However, these rates are subject to change, and all upcoming orders will continue to be subject to the prices in effect at the time of delivery.
The following conditions apply to the price change:
- Above are indicative RSPs (ex-factory Karachi) including CVT. Please note that these indicative prices are purely provisional and are subject to change. These prices should not be constructed as the final price. The price at the time of delivery shall continue to be applicable.
- Resumption of order intake will be separately announced in due course.
- The prices are exclusive of transportation, transit insurance charges, etc, which are to be charged at applicable rates from customers.
- Any impact on prices due to changes in government levies and taxes (including federal excise duty [FED] and CVT), tariff, fiscal policies, import policies, forex, etc will be on account of the customer.
- The prices are exclusive of advance income tax/withholding tax which is to be charged from customers based on applicable tax rates for filers/non-filers under the Income Tax Ordinance, irrespective of the delivery month.
- The prices are indicative of ex-factory Karachi, per unit inclusive of 17% sales tax, applicable FED, 1% CVT and dealer’s commission.
- Due to the State Bank of Pakistan’s LC approval restrictions, the tentative delivery months may be delayed by more than three months from the tentative month mentioned in the Provisional Booking Order Form (PBO).
The company has decided to temporarily close its auto production unit from August 1–13 due to difficulties importing raw materials, thus reservations for all cars have been put on hold.
