1700cc and above: FED imposed on locally-made cars and SUVsThe Federal Board of Revenue (FBR) has imposed federal excise duty (FED) on locally manufactured cars and SUVs, etc, of engine capacity exceeding 1700cc and above. According to the FBR''s budget instructions issued to the field formations here on Wednesday, the S. No. 55 of Table-1 of the First Schedule to the FED Act 2005 has been amended and duty of the imported motor vehicles of 1800 cc to 3000cc has been enhanced to 25 percent ad val. Further, a new S. No. 55A has been inserted whereby rate of federal excise duty has been enhanced to 30% ad valorem on import of motor cars, SUVs and other motor vehicles of cylinder capacity of 3000cc or above (other than those vehicles as designed for the transport of 10 or more persons).