Budget 2021 petroleum price

Federal Govt. Notifies lowering sales tax on petroleum products

The Federal government has on Wednesday (today) announced to lower sales tax on petroleum products. According to a notification issued today, the sales tax on Kerosene oil was lowered to 10.07% against the previously charged tax of 15.44%. The sales tax on light diesel was lowered to 3.67% from 7.56%. However, the notification mentioned that the sales tax would be

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