Updated: Sunday April 27, 2014/AlAhad
Jamada El Thaniah 27, 1435/Ravivara
Vaisakha 07, 1936, at 08:36:18 PM
The
(Pb Ord
XXXVII of 2002)
C O N T E N T S
Sections
1. Short title, extent and commencement.
2. Amendment of Act II of 1899.
3. Amendment of Act V of 1958.
4. Amendment of Act XXXII of 1958.
5. Amendment of Ordinance XIX of 1965.
6. Amendment of Act XIV of 1973.
7. Amendment of Act XV of 1977.
[1][1]The
(Pb Ord XXXVII of 2002)
[25th June, 2002]
An ordinance
to rationalize certain taxes, fees and duties in the Province of the
Whereas it is expedient to rationalize
certain taxes, fees and duties in the Province of the
And whereas the Provincial Assembly of
the
And whereas under Article 4 of the
Provisional Constitution (Amendment) Order No. 9 of 1999, as amended by Chief
Executive Order No. 11 of 2000, the Governor of a Province may issue and
promulgate an Ordinance;
Now, therefore, in exercise of the
aforesaid powers and all other powers enabling him in that behalf, the Governor
of the Punjab is pleased to make and promulgate the following Ordinance:---
1. Short title, extent and
commencement.− (1) This
Ordinance may be called the Punjab Finance Ordinance, 2002.
(2) It shall extend to the whole of the
(3) It shall come into force on the 1st day
of July, 2002.
2. Amendment of Act II of 1899.− In the Stamp Act, 1899 (II of 1899), in Schedule 1,
in Articles 10 and 39 the words “five thousand” wherever occurring shall be
substituted by the words “four thousand”.
3. Amendment of Act V of 1958.− In the
(i) in
section 3, sub-section (4) shall be deleted and sub-sections (5), (6), (7) and
(8) shall be renumbered as (3), (4), (5) and (6) respectively; and
(ii) in section 4, for clause (b), the following shall
be substituted:---
“(b) buildings
and lands other than those leased in perpetuity owned and administered by the
Government of the Punjab or a local government as defined in section 2 clause
(xvi) of the Punjab Local Government Ordinance, 2001 (XIII of 2001);”.
4. Amendment of Act XXXII of 1958.− In the
(i) in serial number 2, in column 3 of
clause (b), for the figure “800/-”, the figure “1000/-” shall be substituted;
and
(ii) in serial number 4, in sub-clauses (i)
and (ii) of clause (b), for the figures “550/- and “1000/-, the figures “600/-”
and “1200/-” shall respectively be substituted.
5. Amendment of Ordinance XIX of
1965.− In the Punjab Motor
Vehicles Ordinance, 1965 (XIX of 1965), in section 2 clause 23, after the word
an comma “trailer,” the following shall be inserted:---
“a combined
harvester, a rig, a fork lifter, a road roller, construction and earth moving
machinery such as a wheel loader, a crane an excavator, a grader, a dozer and a
pipe layer, a road making and a road/sewerage cleaning plant,”.
6. Amendment of Act XIV of 1973.− In the
(1) In the Second Schedule,---
(i) in serial number 6, in
column 3, for the figure “50.00”, the figure “100.00” shall be substituted;
(ii) for serial numbers 7, 8 and 9
and the entries against them, the following shall be substituted:-
“7. Fee for duplicate certificate on loss or destruction
of,---
(a) certificate of registration
of a transport vehicle, under sub-rule (2) of Rule 38. |
Rs.200/- |
(b) certificate of fitness of a
transport vehicle, under sub-rule (2) of Rule 38. |
Rs.100/- |
8. Fee
for duplicate certificate of a defaced or torn,---
(a) certificate of registration of a transport vehicle,
under sub-rule (2) of Rule 39. |
Rs.200/- |
(b) certificate of fitness of a transport
vehicle, under sub-rule (2) of Rule 39. |
Rs.100/- |
9. Registration fee
under rule 42 shall be charged at the following rates:---
(a) Motorcycles/Scooters, Tractors and Trucks/Buses/Pickups/Rickshaws/ Taxis |
1% of the value of the vehicle. |
(b) Combined Harvesters, Rigs,
Fork Lifters, Road Rollers, construction and earth moving machinery such as Wheel
Loaders, Cranes, Excavators, Graders, Dozers and Pipe Layers, Road Making and
Road/Sewerage Cleaning Plants. |
Rs.300.00 |
(c) Other vehicles
with engine power,---
(i) not exceeding 1000 cc. |
1%
of the value of the vehicle. |
(ii) exceeding 1000 cc but not exceeding 2000 cc. |
2%
of the value of the value of the vehicle. |
(iii) exceeding
2000 cc. |
4%
of the value of the vehicle: |
Provided
that,--
(i) vehicles meant for the invalid, ambulances and vehicles
designed to be exclusively used to carry the dead shall be charged at the rate
of Rs.100/-; and
(ii) temporary registration of any vehicle shall be charged at
the rate of Rs.200/-”.
(iii) for serial number 10 and the entry against
it the following shall be substituted:---
“10. Fee
for transfer of ownership of a motor vehicle under sub rule (1) of rule 47
shall be charged at the following rates:---
(a) a motorcycle, a scooter and
an invalid carriage or a trailer not having more than two wheels and not
weighing more than one ton in unladen weight; |
Rs.100.00 |
(b) a heavy transport vehicle; |
Rs.4,000.00 |
(c) any other vehicle,--- (i) with engine capacity up to 1000 cc |
Rs.1,000.00 |
(ii) with engine capacity exceeding 1000 cc |
Rs.1,500.00” |
(iv)
after
serial 10, the following new serial numbers 11 and 12 shall be added:---
“11. Fee for issuance of
a copy of record of part thereof including miscellaneous certificates/orders
relating to record maintained under rule 44. |
Rs.20.00 per copy |
12. Fee for endorsement of Hire
Purchase Agreement of a vehicle under rule 46− |
|
(i) a motorcycle/scooter |
Rs.100.00 |
(ii) a heavy transport vehicle; and |
Rs.4,000.00 |
(iii) any
other vehicle− |
|
(a) with engine capacity upto 1000 cc |
Rs.1,000.00 |
(b) with
engine capacity exceeding 1000 cc |
Rs.1,500.00.” |
(2) In the Sixth Schedule, in serial number
9, in column 3, for the words, figure and letters “if paid ;by 31st March”, the
words “to be paid within the prescribed period” shall be substituted.
7. Amendment of Act XV of 1977.− In the Punjab Finance Act, 1977 (XV of 1977), in the
Second Schedule in serial number 6,---
(i) after
clause (v), the following new clause (vi) shall be added:---
“(vi) Lawyers Rs.1,000/-;
(ii) clause
(vi), (vii) and (viii) shall be renumbered as (vii), (viii) and (ix)
respectively;
(iii)
for
the renumbered clause (vii) and the entries against it, the following shall be
substituted, namely:---
“(vii) (a) Members of Stock Exchanges |
Rs.5000/- |
(b) money changers− |
|
(i) within Metropolitan and Municipal
Corporations limits |
Rs.3,000/- |
(ii) others |
Rs.1,000/- |
(c) Motorcycle/scooter dealers− |
|
(i) within Metropolitan and Municipal
Corporations limits |
Rs.5,000/- |
(ii) others |
Rs.3,000/- |
(d) Motor car dealers and real estate agents− |
|
(i) within Metropolitan and Municipal Corporations
limits |
Rs.10,000/- |
(ii) others |
Rs.5,000/- |
(e) Recruiting agents− |
|
(i) within Metropolitan and Municipal
Corporations limits |
Rs.10,000/- |
(ii) others |
Rs.5,000/-” |
(iv)
after
the renumbered clause (ix), a new clause (x) shall be added, namely:---
“(x) jewellers, departmental
stores, electronic goods stores, cable operators, printing presses and
pesticide dealers |
Rs.1,000.00” |
[1][1]Promulgated by the Governor
of the
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