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Home Lahore

Gujranwala Excise collects Rs1b in 7 years

byZafar Malik
13/08/2014
in Lahore, Latest News
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SIALKOT: The Excise & Taxation department has collected Rs1 billion in categories of registration and lifetime token tax fee on motorcycles as 1.45 million motorcycles worth of Rs20.5 billion were sold during last seven years in Gujranwala region.

According to the excise officials, the major reason behind the growing number of purchase of motorcycles was unaffordable fares of public transport and rickshaws, which forced the commuters to buy their own conveyance instead of travelling in public transport.

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The Punjab government had computerized all the official record of motorcycles’ registration and token tax to make sure the surveillance over motorcycles sale and to end illegal trading.

Tags: ANFbrecorderChief Collector Enforcement SouthChief Collector-Appraisement (South)Collectorate of Appraisement-EastCollectorate of Appraisement-WestCollectorate of PreventiveCommerce MinistryCustomCustoms Clearing AgentsCustoms dutyCustoms I&ICustoms Intelligence and InvestigationCustoms TariffCustoms TribunalDG I&IExcise & TaxationFBRFBR ChairmanFBR Spokesperson Shahid Hussain AsadFinance Ministryfreight forwardersFTOMember CustomsMember LegalmotorcyclesNisar MuhammadPakistan Custom’sPorts and Shippingpost clearance auditPunjab governmentregistrationTariq Bajwatoken taxValuation Ruling

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