LAHORE: To buy any car or motorcycle, including a Honda CD 70, people must pay a registration fee to the Excise Department.
After the Punjab Assembly approved the budget proposal, the provincial government introduced a new tax on vehicle registration. Additionally, they raised the registration fee for cars and motorcycles, including models like Honda CD 70, Honda CG 125, and Pridor.
The Punjab government has announced the imposition of a heavy traffic challan for those who ride a non-registered motorcycle or any other vehicle. The applicant is required to pay a certain fee to get the motorbike registered with the department.
The Honda CD 70 is very popular in Pakistan. It’s a top choice for daily travel because it has a dependable engine, is well-built, and saves on fuel.
Despite the passage of decades, Atlas Honda has maintained the iconic frame and engine of the CD 70, with minor updates such as new tank designs and side stickers introduced annually.
New Excise Registration Fee for Honda CD 70 in Punjab
The registration fee for motorcycles and scooters has been set at Rs1,500, with an additional 10% annual fee for registration transfer within 10 years. The new registration fee will come into effect from July 1, 2024.
For cars with engines smaller than 1000cc, there will be a Rs20,000 registration fee plus a 10% yearly transfer fee.
For cars with engines between 1000cc and 2000cc, the registration fee is 0.02% of the purchase price. For cars with engines larger than 2000cc, the registration fee is 0.03% of the purchase price.