Advance tax rates enhanced by 50pc for non-filers on motor vehicle purchase

Advance tax rates enhanced by 50pc for non-filers on motor vehicle purchase

KARACHI: The government has allowed non-filers to purchase locally manufactured motor vehicles but at the same time the advance tax rates for non-compliant taxpayers have been increased by 50 percent.

Federal Board of Revenue (FBR) said that the rates have been revised upward on purchase and registration of new locally manufactured cars by non-filers and these rates would be applicable from the date of approval of Finance Supplementary (Second Amendment) Act, 2019.

Following are the rates for non-filers on purchase of motor vehicles:

S. NoEngine capacityOld ratesNew rates
01Up to 850ccRs10,000Rs15,000
02851cc to 1000ccRs25,000Rs37,500
031001cc to 1300ccRs40,000Rs60,000
041301cc to 1600ccRs100,000Rs150,000
051601cc to 1800ccRs150,000Rs225,000
061801cc to 2000ccRs200,000Rs300,000
072001cc to 2500ccRs300,000Rs450,000
082501cc to 3000ccRs400,000Rs600,000
09Above 3000ccRs450,000Rs675,000

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