Punjab Slaps Huge Fines on Late Vehicle Transfers

The Punjab Excise, Taxation & Narcotics Control Department has issued a new notification announcing amendments to the Punjab Motor Vehicles Rules, 1969. The updated rules introduce stricter penalties for individuals who fail to report vehicle ownership transfers within the specified timeframe.

Details of the Amendment

The amendment applies to Rule 47(3) of the Punjab Motor Vehicles Rules. Under the revised law, if a transferee does not report a change in ownership within the prescribed period, they will be required to pay an increased penalty in addition to the standard transfer fee.

The fines are categorized by vehicle type and the duration of delay:

For Motorcycles and Scooters

• 31–60 days late: Rs. 1,000
• 61–90 days late: Rs. 2,000
• 91–120 days late: Rs. 4,000

For All Other Vehicles (Cars, Jeeps, etc.)

• 31–60 days late: Rs. 10,000
• 61–90 days late: Rs. 20,000
• 91–120 days late: Rs. 30,000

According to officials, the revision is designed to ensure the timely reporting of ownership transfers, thereby maintaining accurate vehicle records and reducing fraudulent practices. The government also emphasized that failure to comply with the rules beyond 120 days could lead to additional legal complications.

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The Punjab Excise, Taxation & Narcotics Control Department has issued a new notification announcing amendments to the Punjab Motor Vehicles… Read More

The post Punjab Slaps Huge Fines on Late Vehicle Transfers appeared first on ProPakistani.