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Excise Dept withdraws fine on token tax until 31 Dec

Excise Dept withdraws fine on token tax until 31 Dec

LAHORE: The Excise and Taxation Department has waived off 100-percent fine on token tax until 31 December.

According to excise officials, the penalty has been waived off on the request of citizens who paid their income tax but not token tax.

The department has devised a system for filer and non-filer citizens. A person who files his income tax returns is a filer and for such citizens token tax on vehicles from 1001CC to 1300CC was Rs 1800. For non-filer citizens, token tax was Rs 3600. A vehicle owner who is not filing income tax returns falls in the category of a non-filer citizen.

Citizens were demanding for extension of the deadline tax because they did not receive tax return file before due date.