The Federal Board of Revenue (FBR) has raised the sales tax rate on compressed natural gas (CNG) supplies to CNG customers.
In this regard, the Federal Board of Revenue (FBR) has amended the value of compressed natural gas (CNG) supplied to CNG users in order to charge sales tax from CNG stations.
On Tuesday, the FBR published S.R.O. 587(I)/2022 to replace S.R.O. 39(I)/2022, which was issued on January 8, 2022.
The FBR has announced the value of supply to CNG users in order for gas transmission and distribution businesses to charge sales tax from CNG stations.
The price of CNG in Region-I, which includes Khyber Pakhtunkhwa, Baluchistan, and Potohar, has been raised from Rs. 134.57 per kg to Rs. 140 per kg (Rawalpindi, Islamabad, and Gujar Khan).
The price of CNG has been raised from Rs. 128.11 per kg to Rs. 135 per kg in Region-II, which covers Sindh and Punjab except for the Potohar region.
For the latest Business & Tech news, follow on Facebook, and Google News. For the latest news on business & technology
Discussion about this post