Vehicle Permit – New Circular Issued

The Ministry of Finance and Planning has issued a new circular (TTIP/PIM/4/3/9/1) regarding the concessionary vehicle permits.

According to the new circular the five year eligibility criteria for a new vehicle permit will be calculated from date of opening the letter of credit (LC) for an imported vehicle or the date of the first payment for a locally assembled vehicle. Also the three year restriction on transfer of vehicles has been lifted.

Download the Circular

 

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