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Thread: WHT and Premium/Own

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    Default WHT and Premium/Own

    Hey guys, I'm yet to visit a showroom or ask an individual selling their car.
    But there are cars available in the market that are unregistered and to be sold on own.
    Now the price if suppose is 20 lacs demanded by a seller, does that 20 lacs include withholding tax? or I have to pay WHT over and above that 20 lacs?
    I'm just confused as I'm willing to get a corolla altis 1.6, thats worth a little less than 22 lacs in total for non filer including registration.
    how much including registration should I expect for this car?

    Because my information states that there is WHT to be paid even in on used car purchased, how is a car purchased on own treated.
    thanks, I might not be very clear here. but I hope someone can help


  2. #2
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    please remember, premium is what you pay to buy an item over & above the usual market price ahead of few and feel pride. be it car a movie ticket or a cell phone.

    WHT is what you pay at time of registering / transferring a vehicle in your name. every vehicle registered for 5 years when sold, transferred to a new owner WHT is charged from the new buyer. in addition to conventional transfer charges

    WHT is Federal Tax
    Motor vehicle excise road tax belongs to Provincial Govt.
    - www.crackwheels.com - A skilled Dictator is much more beneficial to Country......than a Democracy of Ignorant people

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    Default

    When you buy unregistered car from market on own
    You will have to pay WHT tax again , when getting car registered.
    Toyota Belta 2007 1.0 ~~Toyota Corolla Gli 2013 1.3 ~~Toyota Corolla Grande 2016 1.8

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    Default

    Quote Originally Posted by capsat View Post
    please remember, premium is what you pay to buy an item over & above the usual market price ahead of few and feel pride. be it car a movie ticket or a cell phone.

    WHT is what you pay at time of registering / transferring a vehicle in your name. every vehicle registered for 5 years when sold, transferred to a new owner WHT is charged from the new buyer. in addition to conventional transfer charges

    WHT is Federal Tax
    Motor vehicle excise road tax belongs to Provincial Govt.
    thanks for trying to help

  5. #5
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    Quote Originally Posted by makhdoom123 View Post
    When you buy unregistered car from market on own
    You will have to pay WHT tax again , when getting car registered.
    thanks, you understood my question. I guess WHT might discourage this premium "business" in the future.

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    Default

    You will pay wht but it will be less...confirm from the showroom for exact amount but its less


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    WHT tax is charged at the INVOICE value of the un registered PKDM cars. registered vehicles have diff slab of WHT applicable at time of transfer.
    - www.crackwheels.com - A skilled Dictator is much more beneficial to Country......than a Democracy of Ignorant people

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    Default

    Lets say car price 20 lacs.
    Premium/own is + 2 lacs(includes wht amount)

    When you will buy it owner ship will change and you will have to pay WHT.


    Unregistered car if invoice is not on your name you will have to pay WHT


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