450,000 Vehicles Declared Token Tax Defaulters
The Excise and Taxation Department has declared more than 450,000 vehicles defaulters, with a combined token tax liability of nearly … Read More The post 450,000 Vehicles Declared Token Tax Defaulters appeared first on ProPakistani .
The Excise and Taxation Department has flagged over 450,000 vehicles as defaulters, with an outstanding token tax liability of close to Rs. 5 billion, according to Director Motors Shahid Geelani. The department has already collected Rs. 4.25 billion in token tax from approximately 400,000 vehicle owners during the first quarter of the fiscal year.
Major token tax defaulters' registrations have been suspended in the system, and they will be required to pay the tax along with penalties this year. To enforce compliance, the department has established checkpoints at eight locations throughout the city to inspect vehicles and take legal action against defaulters. Geelani has urged vehicle owners to settle their token tax promptly to avert legal consequences, penalties, or suspension of vehicle registrations.
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