201508.22
0
0

Change of Rate of Sales Tax on Petroleum Products

Federal Government has amended its notification SRO No. 383(I)/2015 dated 31.04.2015 through SRO 470(I)/2015 dated 31.05.2015. Rate of sales tax on petroleum products w.e.f. 01.06.2015 shall be as under:

Rate of Sales Tax

S. No  Product Description Old Rate of Sales Tax  New Rate of Sales Tax
1. Motor Spirit 20% 19%
2. High Speed Diesel 34% 28%
3. Light diesel oil 17% 16%
4. HOBC 17% 17%
5. Kerosene 17% 17%

Leave a Reply

Your email address will not be published. Required fields are marked *