ISLAMABAD – Pak Suzuki Motor Company Ltd PSMCL, the makers of country’s famous Suzuki cars, announced huge increase in the price of Swift.
The auto giant jacked up the price of famous hatchback as the government imposed 25pc General Sales Tax GST on cars pricing above Rs 4 million.
Following the tax imposition, price of Swift GLX CVT was increased by Rs304,000 to Rs5,429,000. The car was previously available at price of Rs5,125,000.
Model
Old Price
New Price
Swift GLX CVT
Rs5,125,000.
Rs5,429,000
The government imposed new amendments with 25pc tax on the following cars:
Locally manufactured or assembled vehicles with an engine capacity of 1400cc and above.
Locally manufactured or assembled vehicles if their invoice price (excluding sales tax) exceeds Rs. 4 million.
Locally manufactured or assembled double cabin (4x) pick-up vehicles.
