The federal government of Pakistan has revised sale tax rates on petroleum products by exercising the powers conferred to the executive by the Sale Tax Act 1990.
The Federal Board of Revenue said that the GST on Kerosene was been reduced to 6.70% from 9.15%. The tax rate on light diesel has been reduced to 0.20% from 2.74% earlier. Whereas for petrol and high speed diesel sales tax would remain unchanged at 17%.
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