Tag Archives: GST on petroleum products reduced

ISLAMABAD: The Fed­eral Board of Revenue has notified a lower rate of general sales tax on petroleum products to keep its prices competitive for consumers. A sales tax SRO 183(I) of 2022 released on Thursday said the lowest GST rates were notified to pass minimum increase to consumers. The standard GST rate is 17pc. “In exercise of the powers conferred …

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