Sales Tax rates for Petroleum Products effective from 1st April 2016
SRO 268(I)/2016 is a Sales Tax SRO dated 31 March 2016, listed by FBR as "Sales Tax rates for Petroleum Products effective from 1st April 2016".
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 31st March, 2016.
NOTIFICATION
(SALES TAX)
S.R.O. 268(I)/2016.- 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 in its Notification No. S.R.O. 57(I)/2016, dated the 29th January, 2015, 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 | Rs. 12.89 per litre |
| 2. | HOBC | 2710.1210 | Rs. 13.90 per litre |
| 3. | Kerosene | 2710.1911 | Rs. 4.76 per litre |
| 4. | High speed diesel oil | 2710.1931 | Rs. 29.57 per litre |
| 5. | Light diesel oil | 2710.1921 | Rs. 4.72 per litre". |
- This notification shall take effect on and from the 1st April, 2016.
[C.NO. 1/42-STB/2012)]
(Dr. Muhammad Irshad)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 492(I)/201630 June 2016Fixation of minimum value of imported and domestically produced sugar for sales tax
- SRO 490(I)/201630 June 2016Change in sales tax rates on petroleum products
- SRO 471(I)/201631 May 2016Sales Tax rates for Petroleum Products effective from 1st June 2016
- SRO 369(I)201629 April 2016Sales Tax rates for Petroleum Products effective from 1st May 2016
- SRO 57(I)/201629 January 2016Sales Tax rates for Petroleum Products effective from 1st February 2016
- SRO 1326(I)/201531 December 2015Rationalisation of rate of Sales Tax rates on petroleum products