Thursday, August 18, 2022

Decision to levy sales tax on petroleum products

The government has decided to levy sales tax on petroleum products.

According to sources in the Ministry of Finance, a levy of Rs 30 per liter has been proposed on petroleum products in the next financial year, which will be levied in phases.

Sources said that at present the rate of sales tax on petroleum products is zero so it has been decided to levy sales tax on petroleum products again.

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