Owning a vehicle in Pakistan comes with the responsibility of paying taxes. This guide demystifies the tax structure for different vehicle categories in 2024:
Goods Transport Vehicles:
- Tax is levied based on laden weight (weight with cargo).
- Rs. 2.50 per kilogram of laden weight is charged.
- Vehicles exceeding 8,120 kg laden weight after 10 years incur an additional annual advance tax of Rs. 1200.
Passenger Transport Vehicles:
- Tax depends on registered seating capacity and air conditioning.
- The table below outlines specific rates per seat per year:
| Seating Capacity (Non-AC) | Seating Capacity (AC) |
|---|---|
| 4-9 Passengers | Rs. 200 |
| 10-19 Passengers | Rs. 500 |
| 20+ Passengers | Rs. 1000 |
Other Motor Vehicles (Private Cars, Motorbikes etc.):
- Tax is determined by engine capacity (CC).
- Two options exist: lump sum payment or annual installments.
- The following tables detail the tax rates for both options:
Lump Sum Payment
| Engine Capacity (CC) | Tax (Rs.) |
|---|---|
| Up to 1000 | 10,000 |
| 1001-1199 | 18,000 |
| 1200-1299 | 20,000 |
| 1300-1499 | 30,000 |
| 1500-1599 | 45,000 |
| 1600-1999 | 60,000 |
| 2000+ | 120,000 |
Annual Installments (Token Tax)
| Engine Capacity (CC) | Tax (Rs.) |
|---|---|
| Up to 1000 | 800 |
| 1001-1199 | 1,500 |
| 1200-1299 | 1,750 |
| 1300-1499 | 2,500 |
| 1500-1599 | 3,750 |
| 1600-1999 | 4,500 |
| 2000+ | 10,000 |
Remember:
- To determine your exact tax liability, consult your vehicle registration documents for engine capacity and seating capacity.
- Visit the local Excise and Taxation department for further information and payment procedures.
By understanding these tax structures, you can ensure timely payments and avoid any penalties.
