Change in Sales Tax Rates on Petroleum Products
SRO 551(I)/2021Sales tax schedules and rates
SRO 551(I)/2021 is a Sales Tax SRO dated 9 May 2021, listed by FBR as "Change in Sales Tax Rates on Petroleum Products".
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. 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 May, 2021. 1
NOTIFICATION
(SALES TAX)
S.R.O. 557 (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 May, 2021, in its Notification
No. S.R.O. 57(I)/2016,(dated the 29th January, 2016, namely:-
2. In the aforesaid Notification, for the existing table, the following shall be substituted,
namely:-
“TABLE
S. No. Description PCT heading Rate
ill 121 (31 ill
1. Motor spirit excluding HOBC 2710.1210 17.00% ad valorem
2. High speed diesel oil 2710.1931 17.00% ad valorem
3. Kerosene 2710.1911 15.44% ad valorem
4. Light diesel oil 2710.1921 7.56% ad valorem. ”
1C. NO. 1/42-STB/201211
Ithtiar Muhammad)
Additional Secretary
/
Related Sales Tax SROs on sales tax schedules and rates
- 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 860(I)/20216 July 2021Change in Sales Tax rates 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