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FBR slaps Rs80/litre FED on 3 POL products
ISLAMABAD: The Federal Board of Revenue (FBR) has imposed Federal Excise Duty @ Rs 80 per litre on three petroleum products including petroleum top naphtha, white spirit/ mineral turpentine oil (MTT) and solvent oil from July 1, 2026. In this regard, the FBR has issued sales tax budget instructions (2026-27) to the field formations on “Curbing adulteration in petroleum products through FED intervention”. According to the FBR’s instructions on Finance Act 2026, the petroleum products are chargeable to petroleum development levy (PDL), whereas, petroleum top naphtha, white spirit/ mineral turpen...
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