FBR notifies 31 steel makers for Rs5/unit electricity sales tax
The Federal Board of Revenue (FBR) has notified 31 registered iron and steel manufacturers melters, re-rollers and composite units who will now be charged sales tax at the rate of Rs5 per unit of electricity consumed, under Sales Tax General Order (
August 07, 2026 (MLN): The Federal Board of Revenue (FBR) has notified 31 registered iron and steel manufacturers melters, re-rollers and composite units who will now be charged sales tax at the rate of Rs5 per unit of electricity consumed, under Sales Tax General Order (STGO) No. 16 of 2026 issued on August 6. The manufacturers named were identified on the basis that their scrap imports under HS codes 7204.3000, 72...