CIRCULAR NO. 1 OF 1990 DATED 22/04/1990

CIRCULAR NO. 1 OF 1990 DATED 22/04/1990GOVERNMENT OF PAKISTANCENTRAL BOARD OF REVENUESUBJECT: DETERMINATION OF LANDED COST OF AN IMPORTED VEHICLE FOR THE PURPOSES OF LEVY OF CAPITAL VALUE TAX - INSTRUCTION REGARDING.A query has been made as to what constitutes the landed cost of an imported vehicle for the purposes of levy of Capital Value Tax under section 7 of the Finance Act, 1989.2. I am directed…