Change in Sales tax rates on Petroleum products
SRO 175(I)/2015 is a Sales Tax SRO dated 27 February 2015, 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 27th February, 2015.
NOTIFICATION
(SALES TAX)
S.R.O. 175(I)/2015.- In exercise of the powers conferred by clause (b) of sub-section (2) of section 3 of the Sales Tax Act, 1990, and in supersession of its Notification No. S.R.O. 1152(I)/2014, dated the 30th December, 2014, the Federal Government is pleased to direct that sales tax shall be charged on import and supplies of the goods specified in column (2) of the Table below at the rates specified in column (4) thereof, namely:-
Table
| S. No. | Description | PCT heading | Rate |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1 | Motor spirit including HOBC | 2710.1210 | 18% ad valorem |
| 2 | Kerosene | 2710.1911 | 18% ad valorem |
| 3 | Light diesel oil | 2710.1921 | 18% ad valorem |
| 4 | High speed diesel oil | 2710.1931 | 37% ad valorem |
- This notification shall take effect from the 1st March, 2015.
[C.NO. 1/42-STB/2012)]
(Muhammad Ashraf Khan)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 600(I)/201525 June 2015Sales tax shall be charged on supply of electrical energy at the rates indicated in the table supplied by Power Generation Companies generating electric power exclusively through High Speed Diesel (HSD).
- SRO 470(I)/201531 May 2015Government has modified rates of sales tax applicable on different POL Products w.e.f 01.06.2015
- SRO 383(I)/201530 April 2015Sales Tax shall be charged on import and supplies of goods specified in the table.
- SRO 255(I)/201531 March 2015Change in Sales Tax rate in High Speed Diesel.
- SRO 83(I)/201530 January 2015Amendment of SRO 1152(I)/2014 dated 30.12.2014 - Sales tax on petroleum products
- SRO 1152(I)/201430 December 2014Sales tax shall be charged on import and supplies of the goods specified in the table below at the rate of twenty-two percent of the value of goods.