Home / Decalcomania (Motor Cars) / Vehicle Finance Act 2019

Vehicle Finance Act 2019



Amendment of West Pakistan Motor Vehicles Taxation Act, 1958 (W.P. ACT No. XXXII of 1958).

In the West Pakistan Motor Vehicles Taxation Act, 52 1958 (W.P. Act No. XXXII of 1958), as in force in the Islamabad Capital Territory, for the Schedule, the following shall be substituted, namely:-

TOKEN TAX (Motor Cycle and Scooter for ICT)

  • Motor Cycle and Scooter Upto 200 cc = Rs.1000 (Lifetime)
  • Motor Cycle and Scooter from 201 cc to 400 cc = Rs.2000 (Lifetime)
  • Motor Cycle and Scooter from 401 and above = Rs.5000 (Lifetime)

Provided that quarterly rates under section 3 shall not be applicable to lifetime tax.

TOKEN TAX (Motor Vehicles for ICT)

  • Engine capacity upto 1000 CC = Rs.10000 Lifetime Provided that quarterly rate 53 under section 3 shall not be applicable to lifetime tax.
  • Engine capacity from 1001 to 1300 cc = Rs.1500 Per Annum.
  • Engine capacity from 1301 to 1500 cc = Rs.4000 Per Annum.
  • Engine capacity from 1501 to 2000 cc = Rs.5000 Per Annum.
  • Engine capacity from 2001 to 2500 cc = Rs.8000 Per Annum.
  • Engine capacity from 2501 and above = Rs.12000 Per Annum.

MOTOR CABS UPTO 6 SEATS FOR ICT

  • Engine capacity upto 1000 CC = Rs.600 Per Annum.
  • Engine capacity upto 1001 and above = Rs.1000 Per Annum.

PUBLIC SERVICE VEHICLE FOR ICT

  • Vehicle (8 seater) = Rs.200 per seat per annum.
  • Vehicle (13 seater) = Rs.250 per seat per annum.
  • Vehicle (15 seater) = Rs.300 per seat per annum.
  • Vehicle (16 seater) = Rs.300 per seat per annum.
  • Vehicle (42 seater) = Rs.400 per seat per annum.
  • Vehicle (52 seater) = Rs.500 per seat per annum.

COMMERCIAL VEHICLES AND LOADING VEHICLES FOR ICT

  • Vehicles not exceeding 1250 KG in laden weight = Rs.500 Per Annum.
  • Vehicles with maximum laden capacity exceeding 1250 KG but not exceeding 2030 KG = Rs.800 Per Annum.
  • Vehicles with maximum laden capacity exceeding 2030 KG but not exceeding 4060 KG = Rs.2000 Per Annum.
  • Vehicles with maximum laden capacity exceeding 4060 KG but not exceeding 6090 KG = Rs.3000 Per Annum.
  • Vehicles with maximum laden capacity exceeding 6090 KG but not exceeding 8120 KG = Rs.3500 Per Annum.
  • Vehicles with maximum laden capacity exceeding 8120 KG = Rs.4000 Per Annum.

About admin

Professional Freelancer and Digital Marketer

Check Also

Honda Cars 2019

Honda’s New Cars Model 2019:

Honda City 2019 New Honda cars model 2019 launched by Honda company. Honda City 2019 …

6 comments

  1. magnificent post, very informative. I ponder why the opposite experts of this sector do not realize this. You should proceed your writing. I am confident, you have a huge readers’ base already!|

  2. Hey there! Do you know if they make any plugins to protect against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any suggestions?|

  3. Hello Dear, are you truly visiting this web site on a regular basis, if so then you will absolutely obtain pleasant knowledge.|

  4. Good day! This is my first comment here so I just wanted to give a quick shoutout and tell you I really enjoy reading through your articles.Can you recommend any other blogs/websites/forums that cover the sametopics? Thank you!

  5. It’s going to be end of mine day, but before end I am reading this impressive piece of writing to improve my knowledge.

  6. A very valuable gift, this replica watch really awesome, thank you very much…

Leave a Reply

Your email address will not be published. Required fields are marked *