• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Thursday, July 9, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • FIFA World Cup
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

APP

No under-invoicing found in used vehicles or solar panel imports, NA told

Published on: May 16, 2026 2:40 AM

Minister of State for Finance Bilal Azhar Kayani on Friday informed the National Assembly that no cases of under-invoicing had been detected in the commercial import of used vehicles or solar panels during the last five years, according to data shared by the Federal Board of Revenue (FBR).

Responding to questions during the question hour, the minister clarified that while concerns regarding under-invoicing in certain import categories existed in general, no specific case involving companies in the import of used vehicles or solar panels had been reported.

He informed the House that under SRO 1895(I)/2025 issued on September 30, 2025, the government had allowed the commercial import of five-year-old used vehicles until June 30, 2026. However, he noted that no commercial imports of used vehicles under this SRO had taken place so far.

The minister added that, as a result, there were currently no cases of under-invoicing in the used car import category, and the matter may be treated as “nil” in terms of reported violations.

Regarding solar panels, Bilal Azhar Kayani stated that Customs field formations have not detected any case of under-invoicing in solar panel imports during the past five years on the basis of direct evidence. He said the government is implementing a range of reforms under the Federal Board of Revenue to address evasion risks, including faceless customs systems, post-clearance audits, and enhanced risk management systems aimed at ensuring data-driven identification of high-risk consignments.

The minister said these measures are designed to minimize human interaction in customs assessments and improve transparency in trade facilitation and enforcement.

On supplementary questions, he also highlighted the government’s broader relief and energy policies, noting that the Benazir Income Support Programme (BISP) currently has a budget of Rs. 716 billion, benefiting more than 10 million deserving families, primarily through women beneficiaries.

He further said the government continues to promote solar energy under its energy transition strategy, adding that net metering policies remained intact for existing consumers, while new users were being shifted to net billing mechanisms to ensure system sustainability.

Bilal Azhar Kayani said despite fiscal constraints, the government has provided targeted subsidies and relief measures to protect citizens from economic pressures while maintaining fiscal discipline.

Filed Under: Business Tagged With: Solar

Submit a Comment




Primary Sidebar




Latest News

Shehbaz Sharif

PM hails record remittances by overseas Pakistanis

Germany records 5,000 heat-related deaths

China, Taiwan brace for Typhoon Bavi

Will upcoming LG polls bring forth future leaders like past?

Pakistan eyes London for global investment

Pakistan

Shehbaz Sharif

PM hails record remittances by overseas Pakistanis

Will upcoming LG polls bring forth future leaders like past?

PMDC extends MDCAT registration deadline

Mohsin Naqvi urges stronger global cooperation

PM Shehbaz vows decisive action against terrorism

More Posts from this Category

Business

ADB cuts Pakistan FY2027 growth forecast

US-Iran escalation fuels oil price surge

Punjab revises property transfer and registration charges

Pakistan issues emergency LNG tender

Gold prices surge by Rs3,600 per tola in Pakistan

More Posts from this Category

World

China, Taiwan brace for Typhoon Bavi

Germany records 5,000 heat-related deaths

Mashhad braces for Khamenei burial ceremony

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}