Change in Sales Tax rates on Petroleum Products
SRO 860(I)/2021Sales tax schedules and rates
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".
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 6th July, 2021.
NOTIFICATION
(SALES TAX)
S.R.O. S G,CD (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 Pt July, 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)
MS (Petrol) 2710.1210 16.40% ad valorem
High speed diesel oil 2710.1931 1 7. 0 0 % ad valorem
Kerosene 2710.1911 6.70% ad valorem
Light diesel oil 2710.1921 0.20% ad valorem
JC. NO. 1/42-STB/2012)1
(Ch. Muhammad T rique)
Additional Secretary
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