Vehicle token tax concession to end on August 31

The vehicle token tax concession will end on August 31 as the Excise and Taxation Department had extended the date to avail 10 percent concession rate of token tax announced by the Motor Branch of the E&T. According to Assistant Excise and Taxation Officer (AETO) Rawalpindi, Sohail Shahzad, the Motor Branch had announced 10 percent concession on token tax till July 31 which was extended to August 31 to facilitate the citizens.
He said, after August 31, the vehicles caught without token tax would be impounded and fine would also be imposed particularly on commercial vehicles. Special counters had been established for collection of vehicles token tax, he said and urged the citizens to avail the opportunity and pay token tax before expiry of the deadline. He informed that E&T, Motor Branch Rawalpindi had collected over Rs 26 million additional revenue in July as compared to the same period of the last year.
Sohail Shahzad said, the E&T Rawalpindi on the directives of Director Rawalpindi Division Chaudhary Sohail Arshad made earnest efforts to achieve the revenue target. He said, due to hectic efforts of MRA-I Malik Amjid Awan and MRA-II, Sohail Sabir, the Motor Branch managed to collect over Rs 150 million during July, this year while the branch generated Rs 124 million in July 2018. The branch had accelerated their ongoing campaign against tax defaulters, he added.