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KARACHI:Following Indus Motor, Honda Atlas Cars has also hiked prices of its Civic variants by around 11.5% to pass on the impact of recently introduced federal excise duty (FED) on cars of over 1700cc capacity, coupled with rupee depreciation.Moreover, Pak Suzuki Motors has announced to pass on the impact of increased registration charges to non-tax filers on all new cars. Yes, we have increased prices, Honda Atlas Cars (Pakistan) Limited Chief Financial Officer Ahmad Umair Wajid confirmed to The Express Tribune on Wednesday. We have changed prices of our Civic variants in 1800cc category only鈥ue to imposition of 10% FED, he said.A notification sent from Honda to its dealers read as per the second amendment of Finance Supplementary Bill 2019,
jordan blancas the government of Pakistan has announced the implementation of federal excise duty at 10% on locally manufactured cars and SUVs of above 1,700 cc capacity. With the FED implementation and passing a part of Forex (rupee deprecia
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