Change in Sales Tax rates on Petroleum Products
SRO 860(I)/2021 is a Sales Tax SRO dated 6 July 2021, 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 6th July, 2021.
NOTIFICATION
(SALES TAX)
S.R.O. 860(I)/2021.- In exercise of the powers conferred by clause (b) of sub-section (2) 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, 2021, 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. | MS (Petrol) | 2710.1210 | 16.40% ad valorem |
| 2. | High speed diesel oil | 2710.1931 | 17.00% ad valorem |
| 3. | Kerosene | 2710.1911 | 6.70% ad valorem |
| 4. | Light diesel oil | 2710.1921 | 0.20% ad valorem |
[C. NO. 1/42-STB/2012)]
(Ch. Muhammad Tarique)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- SRO 984(I)/20214 August 2021Imposition of Withholding Tax on online market place under eleventh schedule to the Sales Tax Act, 1990
- SRO 985(I)/20214 August 2021Fixation of value of steel in respect of locally produced goods
- SRO 937(I)/202126 July 2021Change in rate of Sales Tax on Petroleum Products
- SRO 807(I)202126 June 2021Change in Sales Tax Rates on Petroleum Products
- SRO 750(I)/202114 June 2021Change in rate of Sales Tax on Petroleum Products
- SRO 726(I)/20218 June 2021Change in rates of Sales Tax on Petroleum Products