فیڈرل بورڈ آف ریونیو نے سیلز ٹیکس رولز 2006 میں ترمیم کرتے ہوئے آئل مارکیٹنگ کمپنیوں کے لیے ماہانہ سیلز ٹیکس ریٹرنز میں پٹرولیم اور کلائمیٹ سپورٹ لیوی کی تفصیلات فراہم کرنا لازمی قرار دے دیا ہے تاکہ ٹیکس جمع کرنے کے عمل میں شفافیت اور بہتری لائی جا سکے۔
Federal Board of Revenue has issued a new notification amending the Sales Tax Rules 2006, making it mandatory to include petroleum levy details in monthly sales tax returns.
The decision aims to improve transparency and strengthen monitoring of petroleum-related taxes and levies through a centralized system. The FBR has officially amended the Sales Tax Rules 2006, introducing key changes related to the petroleum development levy and climate support levy. Under the new framework, oil marketing companies will now be required to separately disclose details of levy collection in their monthly sales tax returns.
According to the notification, reporting and monitoring of both petroleum levy and climate support levy will now be managed through the sales tax return system. This means oil marketing companies will have to provide detailed breakdowns of levy collections, ensuring better documentation and tracking. The FBR stated that the main purpose of this move is to fully integrate the petroleum levy system with the sales tax structure.
The integration is expected to help the government ensure more transparent, efficient, and effective collection of taxes and levies. Officials say the updated system will also improve revenue monitoring and strengthen record-keeping mechanisms. As part of the new arrangement, the FBR will also act as an agent of the Petroleum Division in collecting both the petroleum levy and the climate support levy. This expanded role is aimed at streamlining the collection process and improving coordination between departments.
Petroleum levy details now mandatory in monthly returnsPetroleum and climate support levy included in new reporting system
ایف بی آر پٹرولیم لیوی سیلز ٹیکس آئل مارکیٹنگ کمپنیاں ٹیکس اصلاحات
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