Change of Rate of Sales Tax on Petroleum Products
Vide SRO 720(I)/2015 dated 31.07.2015 Federal Government has made changes in SRO 383(I)/2015 dated 30.04.2015 to change rate of sales tax for petroleum products w.e.f. 01.08.2015. New rates are as under:
| Sr. No. | Description | Previous Rate of Sales Tax | New Rate of Sales Tax |
| 1 | Motor Spirit | 17% | 20% |
| 2 | HOBC | 17% | 17% |
| 3 | Kerosene | 17% | 20% |
| 4 | High Speed Diesel | 29% | 36.5% |
| 5 | Light Speed Diesel | 17% | 20% |