I went to Excise & Texation office today for payment of my Mehran 2008 Model. They told me to submit an amount of Rs. 8,800/-. I was amazed how? As I pay Rs. 1,490/- annually. And i have already paid Three year Tax Rs. 4,470/- thus ramaining should be 5,530/-. But then they told me that out of Rs. 1490 which i pay annually only Rs. 600/- p.a is token tax.
i.e. Tax = Token Tax + Professional Tax + Income Tax
so Govt has only announced for life time payment of Token Tax. And thus there is no verdict about Professional Tax and Income Tax. So general public and even Excise Dept is not clear whether Professional Tax and Income Tax be collected annually or not if some one has paid Life time Token Tax.
How ridiculous .......