Islamabad, Aug 31: In Khyber-Pakhtunkhwa’s Malakand Division, the cost of non-custom paid vehicles has increased dramatically due to speculations of a government amnesty program for these vehicles.
The Federal Board of Revenue (FBR), however, has refuted these allegations, emphasizing that no such plans are presently in existence and that only the federal government has the authority to declare such an amnesty.
The trade of non-custom paid (NCP) automobiles persists in Malakand Division, seven Gilgit-Baltistan districts, and the recently combined districts of the former FATA, despite the Federal Bureau of Revenue’s repeated explanations.
Dealers stand to gain as a 20–25% price increase as a result of rumors of an amnesty program. Confusion has been propagated by phony registration forms and bogus social media posts. One particularly popular post made the erroneous assertion that the program would permit an individual to register two automobiles with a single CNIC and included proposed tax rates for different kinds of vehicles.
Though no final decisions have been taken, official sources claim that the government is investigating possible solutions for the NCP car problem. The FIA has been urged to take action against social media accounts that are disseminating false information concerning an amnesty program by the FBR.
Any registration applications or documentation pertaining to an amnesty scheme are fraudulent, according to the FBR, and should be submitted to the authorities right away.
