Lahore: After deliberation between Federal Board of Revenue (FBR) and Excise & Taxation (E&T) department, it has been decided that motorbikes and cars below 1,000 cc belonging to the non-filers are going to be registered, a news source reported. The Director Excise Region C has issued a notice on the matter.
According to the details, a few days ago, FBR had issued instructions to the E&T department to not register cars and bikes of non-filers. Non-filers cannot buy new cars either. However, the E&T department had expressed reservations on the matter, after which both the departments held a dialogue on the matter. This new announcement is the result of the dialogue.
E&T officials maintain that under the previous instructions, the department would have faced huge loss of revenue, particularly considering that about 15,000 to 20,000 motorcycles are registered each month.
