The Owners of the cars are mandatory to pay the token to the excise and taxation department. We are providing here the complete details about Life Time Token Tax Procedure in Pakistan Punjab Sindh KPK Balochistan Eligible Vehicle Fee. Department of Excise and Taxation Punjab have started conversation with relevant departments to vanish the annual token tax system for 1001 to 1300 CC vehicles.
Excise & Taxation Department is planning to start the Life Time Token Tax. On the other hand, Federal Government has denied vanishing the With Holding Tax for New Registration and for Transfer despite all provinces has suggested to with draw the Withholding tax.
Life Time Token Tax Procedure in Pakistan Punjab Sindh KPK Balochistan Eligible Vehicle Fee
Procedure Life Time Token Tax
- Visit the post office and get a certificate about how many money was paid here in term of Token Tax of your vehicle. This all amount will have to minus from 10,000 rupees and you will have to pay the rest.
- Officer in Excise office will help you to calculate you’re all other taxes and filling your form mentioned the remaining amount you have to pay.
- Pay your Life Time Token Tax and Get stamped your registration book. you are free and have token paid for life time.
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RATES OF TOKEN TAX, INCOME TAX, PROF. TAX |
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| Engine Capacity | Token Tax MVT Local Vehicles |
Income Tax (2014-15) | Income Tax (2015-16) | Professional Tax | ||
| For Filer | For Non-Filer | For Filer | For Non-Filer | |||
| Up to 1000 CC | 10,000 * | 10,000 | 10,000 | 10,000 | 10,000 | 200 |
| 1001 to 1199 CC | 1800 | 1800 | 3600 | 1,500 | 4,000 | 200 |
| 1200 to 1299 CC | 1800 | 2000 | 4000 | 1,750 | 5,000 | 200 |
| 1300 CC | 1800 | 3000 | 6000 | 2,500 | 7,500 | 200 |
| 1301 to 1499 CC | 6000 | 3000 | 6000 | 2,500 | 7,500 | 200 |
| 1500 CC | 6000 | 4500 | 9000 | 3,750 | 12,000 | 200 |
| 1501 to 1599 CC | 9000 | 4500 | 9000 | 3,750 | 12,000 | 200 |
| 1600 to 1999 CC | 9000 | 6000 | 12000 | 4,500 | 15,000 | 200 |
| 2000 CC | 9000 | 12000 | 24000 | 10,000 | 30,000 | 200 |
| 2001-2500 CC | 12000 | 12000 | 24000 | 10,000 | 30,000 | 200 |
| Above 2500 CC | 15000 | 12000 | 24000 | 10,000 | 30,000 | 200 |
For Imported Vehicle
Engine Capacity Token Tax MVT
1590-1990 20,000
1991-2990 25,000
Above 2990 35,000
PENALTY ON TOKEN TAX
- No penalty shall be charged if Token Tax is paid upto 30th.September.
- Penalty @ 20% per month shall be charged after 30th September but not exceeding 100%.
- In case of Rickshaw/Taxi, the late payment of Token Tax shall be collected by the Motor Registering Authority and issued Penalty Slip in this respect.
- In case of commercial / tied-up vehicles, the tax will be paid in advance within the first month of each quarter of the financial year, i.e. before 31st July for 1st, before 31st October for 2nd, before 31st January for 3rd and before 30th April for 4th quarter.
Motor Vehicles Tax is an important levy of Excise & Taxation Department. It brings considerable revenue and is another major source of income to the exchequer. It is administered under the provisions of the Motor Vehicle Ordinance, 1965 and Motor Vehicle Tax Act, 1958. Keep visiting this page to check complete procedure for Lifetime Token Tax here on this page.
