GuidesAdvance Tax When You Buy at an Auction in Pakistan
Ali Akhtar · · 6 min read
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The payer deducts before you see it, and netting off your commission is treated as payment. Who must deduct, and how to keep the credit.
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You cannot own a GI in Pakistan. The Federal Government does. Producers register as Authorized Users for an official fee of Rs 1,000.
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No advance tax is collected on a transfer more than five years after first registration. And you should not pay it twice on a new car.
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Petrol is Rs 346.16 and diesel Rs 372.03 from 3 September. Two rises in two days add Rs 3.37 to petrol and Rs 1.62 to diesel.
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