Tuesday, 28 May 2024
Trending
Petroleum-Levy-Tax-PEtrol-Diesel
UPDATES

Taxes on petroleum products changed

Tax on petroleum products changed, levy on petrol reduced by Rs 1.32 per liter.

Petroleum Levy

The government changed the taxes on petroleum products, petroleum levy on diesel reduced by Rs 2.43 per liter and petrol by Rs 1.32 per liter. The reduction in levy implemented from today.

According to sources, the levy on high speed diesel reduced from Rs 30 to Rs 27.57 per liter, while the levy on petrol reduced from Rs 30 to Rs 28.68 per liter.

Change of Sales tax on petroleum products

Sales tax on high speed diesel increased by 58 paise per liter. Sales tax on diesel increased from Rs 14.74 to Rs 15.32. Sales tax on petrol will remain at Rs 14.63.

Freight margin on petroleum products

Freight margin on diesel reduced by 22 paise per liter, freight on diesel reduced from 97 paise to 75 paise per liter, freight margin on petrol reduced by 4 paise per liter, freight on petrol reduced from 3 rupees 48 paise to 3 rupees 44 paise.

See also  Chairman FBR Inaugurates Anti-Benami Adjudicating Authority Secretariat

Source

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants
A d v e r t i s e m e n t

Top-Tax-Consultants-Lahore-Pakistan-Global-Tax-Consultants-Tax-News-FBR
A d v e r t i s e m e n t

Latest Posts

Older Posts

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: