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Thread: Swift Transfer charges(Withholding tax)

  1. #1
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    NiGhTShAdE's Avatar
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    Default Swift Transfer charges(Withholding tax)

    My friend has recently finalized Swift 2011(July registered). I am really confused on how much would it cost for getting car transfered to his name. He is a IT Return Filer. I am dealing with all his buying issues as he is not in Lahore. I need to know exact amount. Opinion needed from people who have gone through this process for 2011-2012 Swift after 1st July2015. Others are also welcome to reply if they can give solid info....Its urgent. We will be taking car on Monday Inshallah and want to go for transfer on same day....
    The car is Lahore registered....
    NiGhT ShAdE>>~

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    Quote Originally Posted by usmanqadeer.education View Post
    Hi @NiGhTShAdE
    I am going to transfer my swift on my name in next week IA as I just registered my self as IT filer and got my NTN with me. I will be traveling from pindi to Lhr specially for this matter. Could you confirm me that what I have to do exactly to get it transferred in ETO office Lhr. Or I need to pay to an agent to get this all done.
    Any guidance will be appreciated highly.
    Firstly if your car is less than 5 yrs old, make sure you are an active taxpayer. To be an active tax payer you need to file your IT returns for atleast 2 continuous years as far as i know otherwise heavy fees are waiting for you. Better hire an agent, he'll take 2-3k and do all your process, this is how i got my cars transfered. Always found this way easy compared to all khuwari that happens in ETO office. So no idea about actual transfer process if you want to do it yourself.
    NiGhT ShAdE>>~

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    Default

    Quote Originally Posted by NiGhTShAdE View Post
    Firstly if your car is less than 5 yrs old, make sure you are an active taxpayer. To be an active tax payer you need to file your IT returns for atleast 2 continuous years as far as i know otherwise heavy fees are waiting for you. Better hire an agent, he'll take 2-3k and do all your process, this is how i got my cars transfered. Always found this way easy compared to all khuwari that happens in ETO office. So no idea about actual transfer process if you want to do it yourself.
    Got it.
    I just registered my self recently through a cousin lawyer who has vast experience in taxation field. Now I am a tax filer (verified through ATL 9966 sms check).
    Car make is 2011 december Registered in January 12. Token paid till june 14 I think.

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    Default Token Tax (Islamabad)

    Can anyone suggest me what is the token tax for 2010 swift for a filer in Islamabad.

    I have around 2 years outstanding + this years tax

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    if i want to transfer swift 2010 registered, is there any tax i have to pay? car was registered before 5 years.

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