Petroleum levy to go up Rs4.95 per month

FBR revises sales tax on petroleum products


Islamabad: The Federal Board of Revenue (FBR) on Saturday revised the sales tax rates on petroleum products.

According to the SRO issued by the Tax Commission, the sales tax on high-speed diesel has been changed to 6.75%.

At the same time, the gasoline sales tax has been updated to 1.43%.

The FBR further notified that the sales tax on kerosene and light diesel will also remain unchanged at 6.70% and 0.20%, respectively.

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