ISLAMABAD: The federal government has increased the valuation of steel products by Rs 11,037 per metric tonne for collection of sales tax.
The federal government has increased the valuation by Rs 11,037 per metric tonne to collect sales tax on locally manufactured steel products, raising fears that other locally manufactured steel products, including lead, may become more expensive. Has gone
The Federal Board of Revenue (FBR) has issued a notification in this regard. In which it has been stated that the valuation of future steel products has been increased from Rs. 153 thousand with an increase of Rs. 1 lakh 33813 per metric tonne.
The valuation of steel ingots and tops is maintained at Rs. 126,000 metric tons.
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