Nidae KashmirDemand exemption from ‘double-taxation for re-registration of outside vehicles in J&K
Srinagar, Mar 31 (KNO): The Kashmir Trade Alliance members on Wednesday held a protest at Press Enclave in Srinagar against the recent order issued by the regional transport officer Kashmir for re-registration of vehicles bought outside Jammu and Kashmir.
According to the news agency—Kashmir News Observer (KNO), the Kashmir Trade Alliance members led by Ajaz Shahdhar demanded exemption from what they called “double taxation” of vehicles purchased outside Jammu and Kashmir.
He said that the authorities must revoke this arbitrary order as this was total injustice with the vehicle owners and also with the dealers as they now have to pay the tax amount twice at the rate of 9 percent.
“A customer buys a vehicle and at the time of buying the vehicle, he pays tax amount at the rate of 9 percent for a lifetime. Then after owning the vehicle for around 8 years, he sells the vehicle to another person. That same vehicle is bought to Kashmir, however, the first owner has already paid the tax at 9 percent for a lifetime, now what RTO Kashmir is asking that they must re-register the vehicles bought outside J&K and pay the tax at the rate of 9 percent one more time, which is total injustice,” he said.
He said that how can they pay the tax again when it is already paid by the first owner of the vehicle and they have already been paying the nominal charges, which was the norm.
“We demand that double taxation be exempted and only nominal rates should be charged for the vehicles bought outside for re-registration here,” he said—(KNO)
