LAHORE: The government’s decision to impose an additional 5 percent general sales tax (GST) on prices of petroleum products (POL) was challenged in Lahore High Court (LHC) on Thursday.
The petitioners said that increasing tax on POL products after reducing petroleum prices is injustice.
“The government is not passing on benefit of declining global oil prices to the consumers in Pakistan,” he stated, appealing the court to issue orders to the federal government for withdrawal of tax.
Pakistan’s inflation hits two-year high at 10.9pc in April
ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...
