July 27, 2021

Govt decides to keep GST on HSD unchanged

ISLAMABAD: The government has decided to keep the general sales tax unchanged at the standard rate of 17 percent on the high-speed diesel , causing the price of HSD to go up by Rs2.54 per litre for a period of 15 days with effect from July 16, 2021.According to a notification issued by the Federal Board of Revenue on Monday, the GST rate on HSD was kept unchanged at 17 percent ad valorem and it was the only HSD where the petroleum levy was kept at Rs1.90 per litre in a bid to avoid facing...