The General Tyre and Rubber Company of Pakistan Limited was incorporated in Pakistan on March 7, 1963 as a private limited company and was subsequently converted into a public limited company. GTYR is engaged in the manufacturing and trading of tyres and tubes for automobiles and motorcycles. Net sales in value terms for the first … Read more
There has been a significant increase in the tyre prices due to higher cost of production/import emanating from depreciating rupee, increase in regulatory duty by 10 per cent to 25 per cent and an increase in the Customs valuation, the predetermined value on which the taxes are imposed. Moreover, lesser inflows of smuggled goods also … Read more
KARACHI: There has been a significant increase in the tyre prices due to higher cost of production/import emanating from depreciating rupee, increase in regulatory duty by 10 per cent to 25 per cent and an increase in the Customs valuation, the predetermined value on which the taxes are imposed. Moreover, lesser inflows of smuggled goods … Read more
