Karachi, December 2, 2024 – The Federal Board of Revenue (FBR) has introduced significant amendments to the rules governing the temporary import of vehicles by tourists into Pakistan. These changes, formalized through SRO 1965(I)/2024 on November 27, 2024, modify Rule 77 of the Customs Rules, 2001, with stricter conditions and streamlined processes. According to the FBR, tourists importing vehicles under a carnet-de-passage or against a bank guarantee can retain the vehicle in Pakistan for up to three months without paying customs duties. This allowance is contingent on the tourist declaring at the customs entry point that they will not transfer ownership of the vehicle during their stay. The FBR has clarified that if exporting the vehicle within the initial three-month period is impractical, tourists can request an extension from the relevant Collector. This extension, not exceeding three additional months, is conditional on a valid carnet-de-passage or bank guarantee and a commitment to remain in the country during the extended period. However, the FBR has imposed restrictions to prevent misuse of these provisions. Vehicles re-entering Pakistan within one year of their exit, whether owned by the same non-Pakistani tourist or a different one, will only be granted temporary release for 14 days, unless operated by recognized…