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Excise forms teams for recovery of property tax

Excise forms teams for recovery of property tax

ISLAMABAD: The Excise and Taxation Rawalpindi has constituted teams for the recovery of property tax as the  5 percent concessional rate date has already expired on Saturday.

According to sources, the Excise and Taxation Department had announced 5 percent concession on property tax  till October 31, the department appealed to the property owners to avail the benefit of concession and pay their tax.

Sources added that the challan (PT-10), which was earlier issued to the owners, was valid until October 31. While after this date, the non refundable surcharge will be imposed on the property tax. On the other hand, sources said that the department also constituted teams for the recovery of property tax. These teams will conduct surprise raids and seal the properties .