KTA demands exemption of token tax for re-registration of outside registered vehicles

Srinagar: The Kashmir Trade Alliance (KTA)  Monday demanded the exemption of token tax that is being asked @ 9% on the invoice amount of the vehicle.

KTA president Ajaz Shahdhar said in a statement said the actual roadblock that is stopping the common masses from re-registering their outside vehicles in J&K is huge amount of token tax to be paid again at the time of re-registration despite of the fact that one time  token tax has been already paid to the actual registered State/UT.

He said government should only charge a nominal re-registration fee from these vehicles as it used to be before.

“Most of the outside registered vehicles will be re-registered to J&K if the token tax is exempted. The government should exempt the token tax so that all outside registered vehicles are re-registered at the earliest,” he added.(KNS)

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