Change in sales tax rates on petroleum products
SRO 1331(I)/2017 is a Sales Tax SRO dated 31 December 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
(REVENUE DIVISION)
FEDERAL BOARD OF REVENUE
Islamabad, the 31st December, 2017.
NOTIFICATION
(SALES TAX)
S.R.O.1331(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 Board is pleased to direct that the following further amendment shall be made from the 1st January, 2018, 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 | 17% ad valorem |
| 2. | High speed diesel oil | 2710.1931 | 25.5% ad valorem |
| 3. | Kerosene | 2710.1911 | 6% ad valorem |
| 4. | Light diesel oil | 2710.1921 | 6% ad valorem.". |
[C. NO. 1/42-STB/2012)]
(Muhammad Zaheer Qureshi)
Secretary (ST&FE-Budget)
Related Sales Tax SROs on sales tax schedules and rates
- SRO 560(I)/201830 April 2018Change in sales tax rates on petroleum products with effect from 1st May, 2018
- SRO 414(I)/201831 March 2018Change in sales tax rates on petroleum products with effect from 1st April, 2018
- SRO 265(I)/201828 February 2018Change in sales tax rates on petroleum products with effect from 1st March, 2018
- SRO 98(I)/201831 January 2018Change in sales tax rates on petroleum products with effect from 1st February 2018
- SRO 984(I)/201730 September 2017Change in sales tax rates on petroleum products
- SRO 867(I)/201731 August 2017Change in sales tax rates on petroleum products effective from 1st September, 2017