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

The Pakistani Federal Board of Revenue Dec. 16 issued Notification SRO No. 1604(I)/2021, amending the ad valorem sales tax rates on specific petroleum products, effective Dec. 1. The rates are: 1) 1.63 percent for motor spirit (petrol); 2) 7.37 percent for high-speed diesel oil; 3) 8.19 percent for kerosene; and 4) 0.46 percent for light diesel oil. [Pakistan, Federal Board of Revenue, 12/16/21]

Reference:
View SRO No. 1604(I)/2021. View Index.