Section 234: Tax on motor vehicles

234. 1[Tax on motor vehicles].— (1) Any person 2[at the time of] collecting motor vehicle tax shall also collect advance tax at the rates specified in 3[Division III of] Part IV of the First Schedule. (2) If the motor vehicle tax is collected in instalments4[or lump sum] the advance tax may also be collected in instalments 5[or lump sum] in like manner. 6[(2A) In respect of motor cars used for more than ten years in Pakistan, no advance tax shall be collected after a period of ten years.] (3) In respect of a passenger transport vehicle with registered seating capacity of ten or more persons, advance tax shall not be collected after a period of ten years from the first day of July of the year of make of the vehicle. (4) In respect of a goods transport vehicle with registered laden weight of 7[ ] less than 8120 kilograms, advance tax shall not be collected after a period of ten years from the date of first registration of vehicle in Pakistan. 8[(5) Advance tax collected under this section shall be adjustable.] 9[“(6) For the purpose of sub-sections (1) and (2) “motor vehicle” shall include the vehicles specified in sub-section (7) of section 231B.”] 10[ ] 11[ ] 9[Provided that the provisions of this section shall not apply to any Mutual Fund specified in sub-clause (2) of clause (57) of Part I of the Second Schedule.” 1[ ]

Effective date: 2001-09-13

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