Change in the rates of sales tax on petroleum products
Vide SRO 490(I)/2016 dated 30.06.2016, rates of sales tax on petroleum products have been revised as under:-
S.No. | Description | PCT heading | Rate |
(1) | (2) | (3) | (4) |
1. | Motor spirit excluding HOBC. | 2710.1210 | 17% ad valorem |
2. | HOBC. | 2710.1210 | 17% ad valorem |
3. | Kerosene. | 2710.1911 | 7% ad valorem |
4. | High speed diesel oil. | 2710.1931 | 28% ad valorem |
5. | Light diesel oil. | 2710.1921 | 5% ad valorem |