FBR slashes sales tax on high-speed diesel

Observer Report
Islamabad

The Federal Board of Revenue (FBR) Monday reduced sales tax on high-speed diesel from 17% to 11.64%. Almost a week after the government had increased the price of petrol by Rs5 per litre, the FBR revised the sales tax rates on petroleum products today

. According to the statutory regulatory order (SRO) issued by the FBR, sales tax on petrol has been kept unchanged at 10.54%.

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