Wednesday, 23 September 2026, 03:38 am
Headline :
Letter sent to NBR to refix VAT on LPG import
- Update Time : Thursday, 8 January, 2026, 03:53 pm
- 158 Time View
Online Desk : To ease the ongoing supply shortage, the Ministry of Power, Energy and Mineral Resources on Thursday sent a letter to the National Board of Revenue (NBR) proposing to reduce value-added tax (VAT) on imported liquefied petroleum gas (LPG) to below10 per cent.
In the letter, the ministry also suggested exempting locally produced LPG from the current 7.5 per cent VAT, as well as removing VAT at the trader level and advance income tax.
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