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Tractor Subsidy Scheme 2020-21 – Sales tax Subsidy on local Tractors live updates

The government of Pakistan has approved a tractor subsidy of Rs 1.5 billion for tractors manufactured in Pakistan. A statement issued by the Ministry of Food Security that the subsidy would be given in the form of sales tax across the country. At present, a sales tax of 5% is levied on the sale of each tractor. Ministry further said that the annual sales of tractors in the year 2019 was 41,000 units, the average sales tax per tractor is Rs 60,000, the sales tax subsidy on tractors is for one year i.e. till 31st June 2021 depending upon if the amount of Rs. 1.5 billion exhausts earlier or within a year.

tractor subsidy scheme

Subsidy Scheme Eligibility:

Customer having valid proof of landholding i.e. Agriculture passbook, record of rights of agricultural land (Fard Malkiyat), duly verified by competent Provincial Revenue Authorities as per government instructions.

Validity of Scheme:

The above scheme will remain valid till June 30, 2021 or lapse of subsidy amount whichever comes earlier. For sales tax subsidy, special procedures & rules issued to farmers and cultivators. Sales tax paid on sale of tractors is subsidized. FBR has issued Sales Tax Special Procedure Rules 2020 for subsidy adjustment on sales tax on supply of locally manufactured tractors. This tractor scheme is valid in all provinces of Pakistan i.e. Punjab, Sindh, KPK and Balochistan.

Requirements For Tractor Booking

  1. Tractor booking through the dealership of respective company brand.
  2. Demand draft equal to base price (without 5 % GST) of tractor in favor of relevant tractor comany.
  3. Attested copy of agricultural pass book (minimum agricultural land not specified) and record of rights of agriculture land (Fard-e­-Malkiyat) duly attested (Sign and Stamp) by competent Provincial Revenue Authorities as per government instructions. Undertaking of dealer on dealership letterhead pad and on stamp paper of Rs 200 as per specimen attached.
  4. Signature and Left thumb impression of customer is must on booking form, undertaking and delivery receipt documents with stamp paper of Rs. 200

Rules of subsidy on sales tax:

A tractor subsidy cell in the IR Operation Wing of the FBR will provide subsidy on sale of tractors to farmers and cultivators. Tractors manufacturers will submit the data of tractors supply through Form-C and returns to the federal excise duty sales tax before the 5th of every month. Those manufacturers are eligible for subsidy who sell tractors to farmers and cultivators. For this, they will provide proof in the shape of an agricultural passbook attested from the Provincial Revenue Authority. FBR will get a report in their subsidy cell after verification by the Ministry of Food Security and Research.

Eligible Tractor Companies for Tractor Subsidy:

Locally manufactured tractor companies Millat Tractors Ltd., Al Ghazi Tractors Ltd. and Orient Tractors Pvt. Ltd. are eligible for tractor subsidy on sales tax.

Note: Belarus Tractors, Euro ford, all Chinese imported tractors like YTO, Tumosan are not eligible under this tractor scheme.

Al-Ghazi Tractor Rates after sales tax exemption:

al ghazi tractor scheme

Millat Tractor Rates after sales tax exemption:

millat tractor scheme

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Check Also: All Tractor Companies prices in Pakistan

tractor subsidy on sales tax

Download notification of tractor subsidy including the procedure of sales tax exemption from FBR website.

Page updated on 27th November 2020.

18 Comments

  • Zohaib

    4 months ago / November 29, 2020 @ 5:55 pm

    Comment Text*i need a new tracter through subsidy scheme my contact number 03037194759

  • Amir

    4 months ago / November 30, 2020 @ 5:56 am

    I need a new tractor through subsidy scheme

  • Zafar iqbal

    4 months ago / November 30, 2020 @ 10:09 am

    Me ne neew tractor 385 boking krya hy kia takreeka kaar hy plz help me

  • Mohsin Abbas

    4 months ago / November 30, 2020 @ 10:51 am

    I need subsidy tractor help me

  • Imran Hayat

    4 months ago / November 30, 2020 @ 3:10 pm

    Salam… Imran here… Want to avail this opportunity… Will u guide me ppz
    Thanks

  • Masood khan

    4 months ago / December 2, 2020 @ 3:19 pm

    Hi I need to by 240 MF please let me how much I have to pay for booking thanks

    • Masood khan

      3 months ago / January 4, 2021 @ 8:34 pm

      Hi I need to by 240 Massey tractor please are you deeler Massey

  • shahnawaz

    4 months ago / December 4, 2020 @ 4:49 pm

    I need a new tracter through sabsidy scheme

  • Muhammad imran

    4 months ago / December 6, 2020 @ 9:30 pm

    I need tractor subsidy Scheme NH ghazi 480 65 hp tel me total price and how much installment for 3year and 5 year

  • Shahid Rafique

    4 months ago / December 7, 2020 @ 11:25 am

    I need to buy 385 MF please let me how much I have to pay for booking.
    looking forward to hearing from you at the earliest.
    Thanks

  • MuhammadAsim

    4 months ago / December 8, 2020 @ 1:10 pm

    Ineed to buy 640splease letter how much l have to for booking looking forward to hearing from you at the earliest thanks

  • Sayyed muhammad ilyas

    4 months ago / December 9, 2020 @ 8:41 pm

    I need a new tractor plz halp me and information about sabsady

  • Muhammad hayat

    2 months ago / February 6, 2021 @ 11:34 am

    How can I apply for this scheme please guide me some one

  • MUHAMMAD ABBDULLAH

    2 months ago / February 13, 2021 @ 10:13 am

    I need new tractor

  • Muhamad Ajmal

    2 months ago / February 15, 2021 @ 7:21 pm

    I need a tractor

    • Junaid Ahmad

      1 month ago / February 24, 2021 @ 7:51 pm

      I need a new tractor subsidy scheme
      MF 260 plz call me and detail

  • Gullshad ahmad

    1 month ago / March 2, 2021 @ 9:41 am

    Yes

  • Adnan

    2 weeks ago / March 28, 2021 @ 4:51 pm

    Sir, i need to buy MF260, what will be the price and what is the schedule of payment…. Is the amout to be paid will be on lumpsum or on istallments.

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