Suzuki Alto 660cc stands out as the top-selling compact car, renowned for its economic fuel consumption and frequent presence in road incidents. Recently, the Government of Pakistan has raised the General Sales Tax (GST), affecting the pricing landscape of this popular vehicle.
Latest Suzuki Alto 660cc Price in Pakistan (July 2024)
As of July 2024, the price of the Suzuki Alto 660cc reflects the impact of recent tax adjustments. With the increase in GST, potential buyers and current owners alike are keenly observing the new pricing structure. This change underscores the ongoing dynamics in Pakistan’s automotive market, where affordability and tax policies directly influence consumer choices.
Suzuki Alto Prices in Pakistan
For those considering a Suzuki Alto, here’s a breakdown of the ex-factory prices:
- Alto VX: Rs 2,331,000
- Alto VXR: Rs 2,707,000
- Alto VXR-AGS: Rs 2,894,000
- Alto VXL-AGS: Rs 3,045,000
New Withholding Tax on Suzuki Alto
Recent changes in tax policy have introduced a revised withholding tax structure for vehicles like the Suzuki Alto. Previously, the Punjab Excise collected fixed amounts from filers and non-filers based on engine capacity. However, starting July 2024, the withholding tax is now tied to the vehicle’s invoice price, aiming for greater fairness in taxation.
The new withholding tax rates for Suzuki Alto are as follows:
- Alto VX:
- Filers: Rs 11,655
- Non-filers: Rs 34,965
- Alto VXR:
- Filers: Rs 13,535
- Non-filers: Rs 40,605
- Alto VXR-AGS:
- Filers: Rs 14,470
- Non-filers: Rs 43,410
- Alto VXL-AGS:
- Filers: Rs 15,225
- Non-filers: Rs 45,675
These adjustments reflect the government’s efforts to ensure tax collection aligns more closely with vehicle values, impacting both current owners and prospective buyers of Suzuki Alto vehicles.
Staying informed about these regulatory changes and automotive updates is crucial for making informed financial decisions when considering your next vehicle purchase. Stay tuned for more updates on the latest developments in Pakistan’s automotive industry and tax landscape.
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