Pakistan Tax Agency Issues Notification Amending Sales Tax Rates for Specific Petroleum Products

The Pakistani Federal Board of Revenue June 26 issued Notification SRO No. 807(1)/2021, amending the ad valorem sales tax rates on specific petroleum products, effective June 16. The rates are: 1) 17 percent for motor spirit excluding HOBC, and high-speed diesel oil; 2) 6.70 percent for kerosene; and 3) 0.20 percent for light diesel oil. [Pakistan, Federal Board of Revenue, 06/26/21]

Reference:
View SRO No. 807(1)/2021. View Index.