FBR imposes 10pc regulatory duty on petrol

ISLAMABAD (National Times) – The Federal Board of Revenue on Thursday has imposed a 10 percent regulatory duty on petrol.

According to the notification issued by the FBR, cargoes for which Letter of credit (LC) have been opened will not be subject to regulatory duty and also will not apply to petrol which has 10 pc customs duty.

The regulatory duty will be effective from June 30, the notification further stated.



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