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The Punjab government has decided to bring the car dealers under tax net in the province. This was disclosed by Punjab Finance Minister Hahsim Jawan Bakhat while talking to a delegation of Lahore Car Dealers Association here on Wednesday.
Punjab Minister for Trade Mian Aslam Iqbal and Excise and Taxation Minister Hafiz Mumtaz were also present on the occasion. The ministers acknowledged complaints of the car dealers. However, they mentioned that adverse economic situation affected the government revenue but the situation was improving now.
The government agreed to reduce return filing duration for car dealers while taxation system was being completely automated. He said a mobile application was being launched soon for return filing and automation of taxation system.
Bakhat said soon the online car dealers and sellers would be brought into the tax net. He said the government system was being updated with modern technologies while the federal government has introduced e-commerce concept which was being implemented in the province. The minister made it clear that Punjab general sale on services was imposed by the Punjab Revenue Authority (PRA) on dealer's commission only. He assured to seriously consider car dealers' demands by making the PRA's complaint cell effective. He also assured to bring the issues of the car dealers at provincial and federal platforms to resolve their grievances.
Mian Aslam Iqbal said the government was doing sincere efforts to resolve car dealers' issues. He said Punjab will play the role of a bridge to resolve car dealer's issues with federal government as well. Additionally, a committee would be established in which CTO will be included to resolve traffic issues in city roads.
Hafiz Mumtaz briefed the meeting about delay of computerized number plates due to legal issues while issues of smart cards would also be resolved soon.

Copyright Business Recorder, 2019

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