Change in sales tax rates on petroleum products
SRO 125(I)/2017 is a Sales Tax SRO dated 28 February 2017, listed by FBR as "Change in sales tax rates on petroleum products".
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
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
(REVENUE DIVISION)
Islamabad, the 28th February, 2017.
NOTIFICATION
(SALES TAX)
S.R.O. 125(I)/2017.- In exercise of the powers conferred by clause (b) of sub-section (2) and sub-section (6) of section 3 of the Sales Tax Act, 1990, the Federal Government is pleased to direct that the following further amendment shall be made from the 1st March, 2017, in its Notification No. S.R.O. 57(I)/2016, dated the 29th January, 2016, namely:-
In the aforesaid Notification, for the existing Table, the following shall be substituted, namely:-
"TABLE
| S. No. | Description | PCT heading | Rate |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1. | Motor spirit excluding HOBC | 2710.1210 | 15.5% ad valorem |
| 2. | Kerosene | 2710.1911 | 0% ad valorem |
| 3. | High speed diesel oil | 2710.1931 | 30.0% ad valorem |
| 4. | Light diesel oil | 2710.1921 | 0% ad valorem.". |
[C. NO. 1/42-STB/2012)]
(Dr. Muhammad Iqbal)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 292(I)/201730 April 2017Change in sales tax rates on petroleum products effective from 1st May, 2017
- SRO 273(I)/201720 April 2017Sales Tax Shall be charged at rate of zero percent on the import of one hundred and fifty tonnes of dates gifted by KSA
- SRO 223(I)/201731 March 2017Change in sales tax rates on petroleum products
- SRO 91(I)/201715 February 2017Change in rates of Petroleum products
- SRO 21(I)/201715 January 2017Change in Sales Tax rates on Petroleum Products
- SRO 1180(I)/201631 December 2016Change in Sales Tax rates on Petroleum Products