The federal government has hiked the General Sales Tax (GST) on Compressed Natural Gas (CNG) by 2.5 percent. Official notification of the increase in GST of CNG has been issued by the Federal Board of Revenue (FBR).
This increase in the percentage of the GST will also affect the prices of CNG and the consumers will have to face the burden of Rs19 per kilogram of CNG. The hike will take the CNG’s price by per kilogram to 137 in Punjab and Khyber Pakhtunkhwa (KPK) while in Sindh and Balochistan the new price of the CNG will be 125 per kilogram.
On the other hand, the sources have informed that this hike will affect the fares of transport in the country. This increase will be implemented from July 1.
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17 November, 2019