🚗 Toyota Pakistan Raises REEV GST Classification Concerns Toyota Pakistan has raised concerns that some competitors are allegedly declaring vehicles as Range-Extended Electric Vehicles (REEVs) to qualify for lower GST treatment. The issue is under regulatory review, while Pakistan’s automotive industry continues to debate the tax classification of REEVs, hybrids and electric vehicles. 🚨 TOYOTA PAKISTAN RAISES GST CLASSIFICATION CONCERNS! Toyota Pakistan has reportedly raised concerns over the classification of some competing vehicles as REEVs (Range-Extended Electric Vehicles) for potentially lower GST treatment. 🔹 REEV classification under discussion 🔹 Questions over different GST treatment 🔹 FBR/regulatory review underway 🔹 Growing debate around EVs, REEVs & hybrids 🔹 Pakistan’s auto industry awaits greater clarity on taxation The issue comes as Pakistan’s automotive sector continues to adjust to changing GST rates and the evolving New Energy Vehicle policy. 🌐 asadautos...