Change in Sales Tax rates on petroleum products
SRO 963(I)/2015 is a Sales Tax SRO dated 30 September 2015, 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 30th September, 2015.
NOTIFICATION
(SALES TAX)
S.R.O. 963(I)/2015.- 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 in its Notification No. S.R.O. 383(I)/2015, dated the 30th April, 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 | 26% ad valorem |
| 2. | HOBC | 2710.1210 | 24% ad valorem |
| 3. | Kerosene | 2710.1911 | 30% ad valorem |
| 4. | High speed diesel oil | 2710.1931 | 50% ad valorem |
| 5. | Light diesel oil | 2710.1921 | 29.5% ad valorem". |
- This notification shall take effect on and from the 1st October, 2015.
[C.NO. 1/42-STB/2012)]
(Nadeem Dar)
Additional Secretary
Related Sales Tax SROs on sales tax schedules and rates
- 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 962(I)/201530 September 2015Enhancement of rate of sales tax on furnance oil
- SRO 874(I)/201531 August 2015Amendment of SRO 383(I)/2015 dated 30.04.2015 to change the sales tax rates on motor sipirt, HOBC, Kerosene, HSD and LDO
- SRO 719(I)/201531 July 2015Sales Tax shall be charged on the supply of electrical energy generaetd exclusively through high speed diesel (HSD)