Tax Filers to pay Lesser Vehicle Transfer Fee Announces FBR

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The Federal Board of Revenue (FBR) is considering a hike in the vehicle transfer fee of for those who haven’t filed tax returns yet, in a bid to tighten their grip on tax evaders.According to the FBR, the transfer fee will be waived off for those who have filed tax returns for the fiscal year 2017-18 on 850cc vehicles. On the other hand, non-filers will pay Rs5000 as a transfer fee. Likewise, tax-filers are to pay Rs5000 as transfer fee on the purchase of the 1000cc vehicle, non-filers will pay Rs 15000.

According to the FBR, the transfer fee will be waived off for those who have filed tax returns for the fiscal year 2017-18. A per the new plan of FBR the tax-filers are to pay Rs5000 as transfer fee on the purchase of the 1000cc vehicle, while non-filers will pay Rs 15000.

Similarly, on 1300cc vehicles, tax-filer would pay Rs7500 as transfer fee and non-filers will pay Rs25000.

Notable Replies

  1. Why not waive off Advance Tax for Filers? they are already in the tax system.. why rob them as its difficult to claim back the advance tax paid?

    Give some incentive to taxpayers!

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