Observer Report Islamabad
The Federal Board of Revenue (FBR) on Saturday revised the sales tax rates on petroleum products.
According to an SRO issued by the revenue board, sales tax on high-speed diesel has been changed to 6.75%. Meanwhile, sales tax on petrol has been updated to 1.43%. The FBR further notified that sales tax on kerosene and light-diesel will also remain unchanged at 6.70% and 0.20%, respectively.
