Sales Tax rates for Petroleum Products effective from 1st February 2016
SRO 57(I)/2016 is a Sales Tax SRO dated 29 January 2016, listed by FBR as "Sales Tax rates for Petroleum Products effective from 1st February 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 29th January, 2016.
NOTIFICATION
(SALES TAX)
S.R.O. 57(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-
(a) rescind its Notification No. S.R.O. 383(I)/2015, dated the 30th April, 2015; and
(b) direct that sales tax shall be levied and collected on import and supply of the goods specified in column (2) of the Table below at the rates specified respectively in column (4) thereof, in lieu of the sales tax payable under sub-section (1) of the said section 3, namely:-
TABLE
| S. No. | Description | PCT heading | Rate |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| 1. | Motor spirit excluding HOBC | 2710.1210 | Rs. 14.48 per litre |
| 2. | HOBC | 2710.1210 | Rs. 18.57 per litre |
| 3. | Kerosene | 2710.1911 | Rs. 10.40 per litre |
| 4. | High speed diesel oil | 2710.1931 | Rs. 29.57 per litre |
| 5. | Light diesel oil | 2710.1921 | Rs. 9.63 per litre. |
- This notification shall take effect on and from the 1st February, 2016.
[No. 1./42-STB/2012]
(Dr. Muhammad Irshad)
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 57(I)/2016, usually to amend or rescind it.
- SRO 925(I)/201630 September 2016Amendment in Notification No. S.R.O 57(I)/2016 dated the 29th January , 2016
Related Sales Tax SROs on sales tax schedules and rates
- SRO 369(I)201629 April 2016Sales Tax rates for Petroleum Products effective from 1st May 2016
- SRO 268(I)/201631 March 2016Sales Tax rates for Petroleum Products effective from 1st April 2016
- SRO 1326(I)/201531 December 2015Rationalisation of rate of Sales Tax rates on petroleum products
- SRO 1180(I)/201530 November 2015Amendment in SRO 383(I)/2015 dated 30th April 2015-Change in Sales Tax rates on petroleum products
- SRO 1070(I)/201531 October 2015Amendment in SRO 383(I)/2015 dated 30th April 2015-Change in Sales Tax rates on petroleum products
- SRO 963(I)/201530 September 2015Change in Sales Tax rates on petroleum products