LAHORE: The Punjab government has decided to bring online car dealers and sellers in the tax net like other car dealers in the province.
Punjab Finance Minister Hashim Jawan Bakht stated this while chairing a meeting along with Punjab Minister for Trade Mian Aslam Iqbal and Excise and Taxation Minister Hafiz Mumtaz and the office-bearers of Lahore Car Dealer Association here on Wednesday.
The ministers listened to the complaints of the car dealers and said that the adverse economic situation had also affected the government’s revenue stream but the situation was improving now.
The minister agreed to reduce the return filing duration for the car dealers. He said the taxation system was being completely automated. He said a mobile application was being launched soon for return filing and automation of the taxation system.
Bakht said that OLX and other companies are modern era companies while the taxation departments were dealing manually. “Soon the online car dealers and sellers would be brought into the tax net,” he mentioned.
He said that the government system was being updated with modern technologies. The federal government had introduced the concept of e-commerce which was being implemented in the province too.
The minister made it clear the general sales tax on services imposed by the Punjab Revenue Authority (PRA) was on the dealers’ commission only. He assured of the car dears of seriously considering their demands by making the PRA’s complaint cell effective.
