Millat Tractors Limited (MTL) has announced an increase in the prices of Millat Tractors in Pakistan due to increase in production cost. Latest Mullat Tractors Price in Pakistan [February 2023]
Due to increase in input cost of tractors, prices of MF tractor models are being revised. The company made the announcement in a circular issued to dealers.
Millat Tractors (MTL) Price in Pakistan [February 2023]
|Tractor model||Price Ex Factory Lahore (PKR)|
These prices are applicable to all orders placed on or after January 31, 2023. However, the previous prices will be applicable subject to the following conditions:
- Financial instruments (Demand Drafts and Pay Orders) dated on or before 30.01.2023, provided they are booked and received at MTL by 06.03.2023, will be adjusted at ex-ante rates.
- Payments received in MTL or online payments transferred to MTL account up to 30.01.2023, earlier rates will be considered for booking.
- Cases booked up to 30.01.2023, against which notice letters have been issued and demand drafts are awaited, if issued as per the date of delivery notified by the branches, will be delivered at the old rates.
- In cases where booking numbers have not been issued, however, demand drafts/pay orders have been issued with supply/purchase orders on or before 30.01.2023 and the same will be received at MTL by 06.03.2023, on will be considered. Previous prices.
Quotations issued to institutions
They will be considered as per the conditions mentioned in the quotation.
In case of tenders
The conditions stipulated in the tenders will be followed.
Here is a copy of the circular:
Last month, Millat Tractors, like all other companies in the automotive industry, temporarily halted production due to resource crunch caused by import bans.
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