Change in the rate of sales tax on petroleum products with effect from 1st August, 2016
Vide SRO 500(I)/2016, dated 30.07.2016, the Federal Government has specified new rates of sales tax for petroleum products w.e.f. 01.08.2016. The new rates are as under:-
| S.No. | Description | PCT heading | Sales Tax Rates |
| 1. | Motor spirit excluding HOBC | 2710.1210 | 17% ad valorem |
| 2. | HOBC | 2710.1210 | 17% ad valorem |
| 3. | Kerosene | 2710.1911 | 5% ad valorem |
| 4. | High speed diesel oil | 2710.1931 | 28% ad valorem |
| 5. | Light diesel oil | 2710.1921 | 8.5% ad valorem |