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Tax rates on motor vehicles during tax year 2022

Tax rates on motor vehicles during tax year 2022

The rates of income tax on motor vehicles for tax year 2022 to be applicable under Second Schedule of Income Tax Ordinance, 2001.

The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021.

Following are the rates of income tax on motor vehicles shall be applicable during tax year 2022:

Rates of collection of tax under section 234,—

(1) In case of goods transport vehicles, tax of two rupees and fifty paisa per kilogram of the laden weight shall be charged.

(1A) In the case of goods transport vehicles with laden weight of 8120 kilograms or more, advance tax after a period of ten years from the date of first registration of vehicle in Pakistan shall be collected at the rate of twelve hundred rupees per annum;

(2) In the case of passenger transport vehicles plying for hire with registered seating capacity of—

S.No.CapacityRs per seat per annum
(i)Four or more persons but less than ten persons.50
(ii)Ten or more persons but less than twenty persons.100
(iii)Twenty persons or more.300

(3) In case of other private motor vehicles shall be as set out in the following Table, namely:-

S. No.Engine capacityTax
(1)(2)(3)
1.upto 1000ccRs. 800
2.1001cc to 1199ccRs. 1,500
3.1200cc to 1299ccRs. 1,750
4.1300cc to 1499ccRs. 2,500
5.1500cc to 1599ccRs. 3,750
6.1600cc to 1999ccRs. 4,500
7.2000cc & aboveRs. 10,000

(4) where the motor vehicle tax is collected in lump sum,

S. No.Engine capacityTax
(1)(2)(3)
1.upto 1000ccRs. 10,000
2.1001cc to 1199ccRs. 18,000
3.1200cc to 1299ccRs. 20,000
4.1300cc to 1499ccRs. 30,000
5.1500cc to 1599ccRs. 45,000
6.1600cc to 1999ccRs. 60,000
7.2000cc & aboveRs. 120,000
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