NBR waives entire advance tax on diesel to cut import cost

Published: August 28, 2022 21:31:25 | Updated: August 30, 2022 11:11:48

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The National Board of Revenue (NBR) has waived the entire advance tax on diesel aiming to cut the import cost of the key gasoline item.

The NBR issued a notification in this regard, according to a BSS report published on Sunday.

The NBR also reduced import duty to 5 per cent from 10 per cent.

The reduced import tariff would remain effective until December 31 this year.

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