Lahore 23°C
Karachi 28°C
Petroleum products
(1) Every person selling petroleum products to a petrol pump operator shall deduct tax from the amount of commission or discount allowed to the operator at the rate specified in Division VIA of Part III of the First schedule.
(2) The tax deductible under sub-section (1) shall be a final tax on the income arising from the sale of petroleum products to which sub-section (1) applies.
(2) The tax deductible under sub-section (1) shall be a final tax on the income arising from the sale of petroleum products to which sub-section (1) applies.
Amendment history (5)
- Added by the Finance Act, 2004.
- The words “deducted” substituted by the Finance Act, 2012.
- Section 156B omitted through Finance Act, 2020 dated 30 June, 2020 the omitted section read as
- Omitted by the Finance Act, 2002. The omitted section 157
- Substituted by the Finance Act, 2002. The substituted section 158
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 341
Unofficial reference, compiled from the FBR’s consolidated Income Tax Ordinance 2001 (amended up to 30 June 2026). Provided for general information only — not an official FBR publication and not legal or tax advice. Always verify against the official FBR text before relying on it for filing or any decision.