Up to Rs300,000 to be paid by non-filers on ownership transfer of motor vehicle


KARACHI: Federal Board of Revenue (FBR) has said that non-filers of income tax return are required to pay up to Rs300,000 for ownership transfer of motor vehicles above 3,000CC engine capacity.
The FBR issued Withholding Tax Card 2017/2018 and said that under Section 231B(2) motor vehicle registration authority shall collect withholding tax from person transferring the ownership/registration at the time of transfer.
The rate of tax under sub-section 2 of Section 231B shall be as follows:

Engine Capacity Filer Non-Filer
Up to 850CC 0 Rs5,000
851CC to 1,000CC Rs5,000 Rs15,000
1,001CC to 1,300CC Rs7,500 Rs25,000
1,301CC to 1,600CC Rs12,500 Rs65,000
1,601CC to 1,800CC Rs18,750 Rs100,000
1,801CC to 2,000CC Rs25,000 Rs135,000
2,001CC to 2,500CC Rs37,500 Rs200,000
2,501CC to 3,000CC Rs50,000 Rs270,000
Above 3,000CC Rs62,500 Rs300,000