SALES TAX ON PETROLEUM PRODUCTS TO BE INCREASE FROM FEBRUARY

SALES TAX ON PETROLEUM PRODUCTS TO BE INCREASE FROM FEBRUARY

Islamabad(Saturday, January 31, 2015): Federal Government tax February petroleum products has decided to increase rates. Petrol and diesel price decreased but 5% Sales tax on petroleum products to be Increase from February 2015 all over the Pakistan.

The FBI told you at night editing session held S R O of sales tax paid division expansion draft is convinced that expected  issued today.

Sources told The FBR’s petroleum’s sales tax rate of 5 percent was don the after petroleum products 22 decided and 2 proposals are under consideration, the additional 5 percent implement the petroleum sales tax rate of 22 percent to 27 percent regret that the other decision under consideration  Sales Tax levied on petroleum products instead of 5 percent to 7.