The Government of Pakistan has recently imposed a new withholding tax on vehicles, resulting in a significant price hike for the MG HS model. The base model now costs Rs 8.26 million, while the top-of-the-line 2.0 variant is priced at Rs 9.48 million.
MG Pakistan has officially announced these revised prices, which include a 2% withholding tax. The updated pricing details for different variants are as follows[4][5]:
| MG HS Variant | Previous Price (Rs.) | Withholding Tax (2%) | New Price (Rs.) |
|---|---|---|---|
| MG HS Essence | 8,099,000 | 161,980 | 8,260,980 |
| MG HS 2.0L | 9,299,000 | 185,980 | 9,484,950 |
| MG HS Excite | 7,199,000 | 143,980 | 7,342,980 |
In addition to the new withholding tax, the government has eliminated the 50% discount on hybrid electric vehicles (HEVs), requiring HEV owners to pay full 100% customs duty without exemption.
These fiscal measures are aimed at boosting revenue and revising registration charges based on vehicle invoice prices rather than engine capacity.
