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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.

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