Change in sales tax rates on petroleum products effective from 1st July, 2017
SRO 581(I)/2017 is a Sales Tax SRO dated 30 June 2017, listed by FBR as "Change in sales tax rates on petroleum products effective from 1st July, 2017".
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 30th June, 2017.
NOTIFICATION
(SALES TAX)
S.R.O. 581(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 July, 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 | 20.5% ad valorem |
| 2. | High speed diesel oil | 2710.1931 | 33.5% ad valorem |
| 3. | Kerosene | 2710.1911 | 0% ad valorem |
| 4. | Light diesel oil | 2710.1921 | 1.5% ad valorem.". |
[C. NO. 1/42-STB/2012)]
(Dr. Muhammad Iqbal)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 867(I)/201731 August 2017Change in sales tax rates on petroleum products effective from 1st September, 2017
- SRO 757(I)/20175 August 2017Change in Sales Tax Rates on Petroleum Products
- SRO 713(I)/20171 August 2017Change in Sales Tax Rates on Petroleum Products Effective from 1st August, 2017
- SRO 408(I)/201731 May 2017Change in sales tax rates on petroleum products effective from 1st June, 2017
- 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