Vehicle Tax Rates in Pakistan Tax Year 2024

Vehicle Tax Rates in Pakistan Tax Year 2024

Understanding vehicle tax rates is crucial for all Pakistani car owners. This guide outlines the different tax categories and their corresponding rates applicable in 2024.

Tax Categories:

Pakistan's vehicle tax system categorizes vehicles for taxation purposes:

  • Goods Transport Vehicles: Taxed based on laden weight (weight of vehicle and cargo).
  • Passenger Transport Vehicles: Taxed based on registered seating capacity and air-conditioning presence.
  • Other Motor Vehicles: Taxed based on engine capacity.

Understanding the Rates:

  • Goods Transport Vehicles:
  • Up to 8,119 kg: Rs. 2.50 per kg of laden weight.
  • Over 8,120 kg (after 10 years from registration): Rs. 1200 annual advance tax.
  • Passenger Transport Vehicles (per seat per annum):
  • 4-9 Seats (Non-AC): Rs. 200
  • 4-9 Seats (AC): Rs. 375
  • 10-19 Seats (Non-AC): Rs. 500
  • 10-19 Seats (AC): Rs. 750
  • 20+ Seats (Non-AC): Rs. 1000
  • 20+ Seats (AC): Rs. 1500
  • Other Motor Vehicles (Annual Tax):
  • Up to 1000cc: Rs. 800
  • 1001cc to 1199cc: Rs. 1500
  • 1200cc to 1299cc: Rs. 1750
  • 1300cc to 1499cc: Rs. 2500
  • 1500cc to 1599cc: Rs. 3750
  • 1600cc to 1999cc: Rs. 4500
  • 2000cc and above: Rs. 10000

Lump Sum Payment Option:

A one-time lump sum payment option exists for other motor vehicles:

  • Up to 1000cc: Rs. 10,000
  • 1001cc to 1199cc: Rs. 18,000
  • 1200cc to 1299cc: Rs. 20,000
  • 1300cc to 1499cc: Rs. 30,000
  • 1500cc to 1599cc: Rs. 45,000
  • 1600cc to 1999cc: Rs. 60,000
  • 2000cc and above: Rs. 120,000

Remember:

  • These are the base tax rates as of 2024. Additional taxes or registration fees may apply depending on your province.
  • Always consult your local taxation authority for the most up-to-date information and any regional variations.

By understanding these categories and rates, you can plan your vehicle tax payments effectively.

This article was published at Vehicle Tax Rates in Pakistan Tax Year 2024

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