Pakistan's Dedicated Automobile Blog
President of Pakistan Arif Alvi has upheld the recommendations of Federal Tax Ombudsman (FTO) to investigate wide spread reports on presence of showrooms dealing in non-custom-paid vehicles (NCP) in Quetta and further transportation of these automobiles to other parts of the country.
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The government has reportedly planned to withdraw 3% value addition sales tax imposed on 32 various imported products.
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Government has asked the customs department to give us the actual number of imported used cars stuck at Karachi port. Used car importers met Adviser to PM on Finance Abdul Hafeez Shaikh on August 26th seeking clearance of cars imported in violation of revised procedures.
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The Federal Board of Revenue (FBR) is considering collecting lifetime income tax from the owners of cars with engine capacities ranging up to 1,000 cc. Lifetime token tax is already collected by the provinces on small cars however now FBR is seeking to recover lifetime income tax from the lower middle class citizens.
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The Federal Board of Revenue (FBR) issued notices to 312 car dealers and sellers of auto parts, asking them to get registered with the tax authorities.
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A Federal Board of Revenue (FBR) spokesperson has strongly refuted reports that the government has imposed tens of thousands of rupees of withholding taxes (WHT) on auto-rickshaws and motorbikes, terming the rumors “baseless”
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The Directorate of Intelligence and Investigation, Inland Revenue, FBR, Lahore conducted a search and seizure operation at the business premises of M/s. United Auto Industries, the makers of Unite Bravo …
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