Increase in the rate of federal excise duty on cigarettes.
SRO 481(I)/2015 is a Federal Excise SRO dated 5 June 2015, listed by FBR as "Increase in the rate of federal excise duty on cigarettes.".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
Page 1
GOVERNMENT OF PAKISTAN
FEDERAL BOARD OF REVENUE
(REVENUE DIVISION)
Islamabad, the 5th June, 2015.
NOTIFICATION
(FEDERAL EXCISE)
S.R.O. 481(I)/2015. - In exercise of the powers conferred by clause (b) of sub-section (3) of section 3 of the Federal Excise Act, 2005, the Federal Board of Revenue is pleased to direct that excise duty shall be levied and collected on fixed basis at the rates specified in column (4) of the Table below on the goods specified in column (2) of the said Table falling under the Pakistan Customs Tariff specified in column (3) of that Table, namely:-
TABLE
| S. No. | Description | PCT heading | Rate of Duty |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1. | Locally produced cigarettes if their on-pack printed retail price exceeds Rs. 3350 per thousand cigarettes | 24.02 | Rs. 3,030 per thousand cigarettes |
| 2. | Locally produced cigarettes if their on-pack printed retail price does not exceed Rs. 3350 per thousand cigarettes | 24.02 | Rs. 1,320 per thousand cigarettes |
[C. No. 1/93-STB/2015]
(Muhammad Zaheer Qureshi)
Secretary (ST&FE-Budget)
Which later SROs refer to this one?
SROs whose FBR title names SRO 481(I)/2015, usually to amend or rescind it.
- SRO 495(I)/20151 July 2015Rescind Notification No. S.R.O 481(i)/2015, dated 5th June, 2015
Related Federal Excise SROs on excise duty rates
- SRO 473(I)/20163 June 2016Rate of excise duty on cigarettes.
- SRO 1181(I)/201530 November 2015Enhance the rate of excise duty on cigarettes.
- SRO 490(I)/201530 June 2015Rescission of certain FED SROs which have been transposed to the Third Schedule of Federal Excise Act, 2005
- SRO 422(I)/20144 June 2014Excise duty shall be levied and collected ......
- SRO 508(I)/201312 June 2013To charge/ levy Rs. 0.40 per kg on import of oilseeds.
- SRO 507(I)/201312 June 2013To charge Rs. 1/ per kg on locally produced oil