Change in Rate of Sales Tax on petroleum products with effect from 1st September, 2016
SRO 806(I)/2016 is a Sales Tax SRO dated 31 August 2016, listed by FBR as "Change in Rate of Sales Tax on petroleum products with effect from 1st September, 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 August, 2016.
NOTIFICATION
(SALES TAX)
S.R.O. 806(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 | 20% ad valorem |
| 2. | HOBC | 2710.1210 | 21.5% ad valorem |
| 3. | Kerosene | 2710.1911 | 5% ad valorem |
| 4. | High speed diesel oil | 2710.1931 | 35.5% ad valorem |
| 5. | Light diesel oil | 2710.1921 | 12% ad valorem.". |
- This notification shall take effect on and from the 1st September, 2016.
[C.NO. 1/42-STB/2012)]
(Dr. Muhammad Irshad)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 1011(I)/201631 October 2016Change in Sales Tax rates on Petroleum Products
- SRO 812(I)/20162 September 2016Fixation of the value of White Crystalline Sugar
- SRO 500(I)201630 July 2016Rate of Sales Tax on petroleum products with effect from 1st August, 2016
- SRO 496(I)/201614 July 2016Sales Tax shall be charged at the rate zero percent on import of 111 buses , imported during the financial year 2011-2012. by M/S Foton Bus Company (Pvt),ltd.
- SRO 495(I)/20164 July 2016Rationalization of rate of sales tax on services in Islamabad Capital Territory
- SRO 492(I)/201630 June 2016Fixation of minimum value of imported and domestically produced sugar for sales tax