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Sales tax on CNG supply increased by up to Rs65 per kg

05:15 PM | 19 Apr, 2024
Sales tax on CNG supply increased by up to Rs65 per kg
Source: File Photo

KARACHI – The government has increased General Sales Tax (GST) on supply of the compressed natural gas (CNG). 

The relevant department has issued a notification for jacking up the GST on CNG for consumers days after increasing the petroleum prices. 

The notification states that sales tax value for region I has been increased by Rs60 per kilogramme to Rs200 from previous rate of Rs14.

The tax has been increased by Rs65 to Rs200 per kg for the region II with immediate effect.

The Federal Board of Revenue says the region I comprises Khyber Pakhtunkhwa, Balochistan, Rawalpind, Islamabad and Gojar Khan while the region-II consists of Sindh, Punjab and other cities. 

On April 15, the Shehbaz Sharif-led Pakistani government increased the petrol price for the next fortnight by Rs4.53 per litre. 

A notification issued by the Finance Division late on Monday says the price of high-speed diesel (HSD) has been increased by Rs8.14 per litre to Rs290.38 per litre. The new fuel prices will be effective from April 16.

Moreover, the government has increased the price of kerosene oil by Rs6.69 to Rs193.8 per litre. Similarly, the rate of light diesel has been increased by Rs6.54 to Rs174.34 per litre.

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Today Open Market Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Riyal - 25 May 2024

      
Pakistani currency rates against US Dollar and other currencies on May 25, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.15 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.15 and Saudi Riyal came down to 73.35.

Today’s currency exchange rates in Pakistan - 25 May 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 280.15
Euro EUR 297 300
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.15 75.85
Saudi Riyal SAR 73.35 74.1
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.75 748.75
Canadian Dollar CAD 203 205
China Yuan CNY 38.47 38.87
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 907.57 916.57
Malaysian Ringgit MYR 59.39 59.99
New Zealand Dollar NZD 170.03 172.03
Norwegian Krone NOK 25.92 26.22
Omani Riyal OMR 723.64 731.64
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 304.75 307.25
Thai Bhat THB 7.67 7.82

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