How to Generate a CVT on Motor Vehicle Challan?

Capital Value Tax (CVT) is a federal tax levied on the purchase of motor vehicles in Pakistan. It’s a one-time tax calculated based on the engine capacity or value of the vehicle.

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Steps to Generate a CVT Challan on FBR’s IRIS Portal:

  1. Log in to IRIS:

  2. Navigate to e-Payments:

    • Once logged in, navigate to the “e-Payments” section.
  3. Select “CVT on Motor Vehicle in Pakistan”:

    • From the list of tax types, choose “CVT on Motor Vehicle in Pakistan.”
  4. Provide Vehicle Details:

    • Enter the following information about the vehicle:
      • Vehicle Type (Car, Motorcycle, etc.)
      • Engine/Battery Capacity
      • Make
      • Model
      • Engine Number
      • Chassis Number
      • Registration Number (if applicable)
  5. Provide Purchaser and Seller Details:

    • Enter the details of the purchaser and seller, including their names, CNIC numbers, and addresses.
  6. Calculate Tax Amount:

    • The system will automatically calculate the CVT amount based on the vehicle’s details and applicable tax rates.
  7. Review and Submit:

    • Carefully review all the information you’ve entered.
    • Once you’re satisfied, click the “Submit” button.
  8. Generate Challan:

    • After successful submission, the system will generate a challan with a unique payment ID.
    • This challan will contain details of the tax amount, due date, and payment instructions.

Making the Payment: You can pay the CVT through various channels, including:

  • Online Banking: Use your internet banking account to make the payment directly to the FBR.
  • Over-the-Counter Payment: Visit a designated bank branch and make the payment using the challan.
  • Mobile Wallets: Use mobile wallet services like Easy Paisa or Jazz Cash to make the payment.

File your salary tax returns in Rs. 2750 only.

Important Note:

  • Accurate Information: Ensure that all the information provided is accurate and complete to avoid any issues during the payment process.
  • Retain Documents: Keep a copy of the generated challan and payment receipt for future reference.
  • Timely Payment: Make sure to pay the CVT within the specified deadline to avoid penalties.

By following these steps, you can efficiently generate a CVT challan and fulfill your tax obligations.

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