Change in rates of Sales Tax on Petroleum Products
SRO 726(I)/2021Sales tax schedules and rates
SRO 726(I)/2021 is a Sales Tax SRO dated 8 June 2021, listed by FBR as "Change in rates of Sales Tax 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)
*4***
Islamabad, the 8th June, 2021.
NOTIFICATION
(SALES TAX)
S.R.O. 726(1)/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 181h May, 2021, in its Notification
No. S.R.O. 57(1)/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
(1) (2) (3) (4)
Motor spirit excluding HOBC 2710.1210 17.00% ad valorem
High speed diesel oil 2710.1931 17.00% ad valorem
Kerosene 2710.1911 10.07% ad valorem
Light diesel oil 2710.1921 3.67% ad valorem
JC. NO. 1/42-STB/2012)1
(Ch. Muhamma nqu
Additional Secreta
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