VATupdate

Share this post on

Pakistan Sets Fixed Sales Tax for Steel Units Based on Electricity Use

  • Pakistan’s Federal Board of Revenue has issued S.R.O. 1245(I)/2026 setting a fixed sales tax for steel melters, re-rollers, and composite units.
  • The tax is charged per unit of electricity consumed.
  • Rates range from 5 to 35 rupees per unit.
  • The applicable rate depends on the business activity, power source, and the mix of local versus imported scrap used.

Source: download1.fbr.gov.pk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



Sponsors:

VAT IT
Fiscal Solutions Bottom

Advertisements:

  • advert
  • RTC
  • Pincvision