Islamabad, Pakistan: The Excise and Taxation Department has issued a stern warning to vehicle owners who have defaulted on their token tax payments. Starting from January 1, 2025, the registration of vehicles belonging to defaulters will be cancelled.
To avoid such penalties, the department has granted a 15-day grace period for defaulters to clear their dues. After the grace period, a hefty 200% penalty will be imposed for re-registration.
The Excise and Taxation Department is committed to ensuring compliance with tax regulations and has urged citizens to fulfill their tax obligations promptly. Timely payment of token tax is crucial to avoid inconvenience and financial penalties.