I have to get my car transferred to my name after bank lease. Honda City 18, 1.3M, islmb registered.Bank is asking 11,000 Rs agent feeAnd almost 29,000 Rs for Transfer fee, WHT, capital value taxes etcTotal 40,000 RsIs it legitimate?
Can this be done online through Islamabad Excise & Taxation website? If yes, what's the procedure? Please guide me.
you can go to Islamabad Excise website and calculate fee yourself.
Islamabad excise taxation website seldom works.
other then the agent fee you will get receipt of every payment made to GOP, so you may need to ask for agent fee receipt from bank if they agree.
seem reasonable considering the responsibility of documentation remains with the bank to hand over complete file to you.
29,000 Rs isn't too much for Car ownership transfer? Confused
Tell them you'll transfer it yourself and don't need an agent.
Last week, I transferred my Yaris from HBL to my name. The process of Islamabad excise is straightforward. The total fee paid was approximately 43000 (including CVT, witholding, and card charges).
