LAHORE: A petition has been filed in Lahore High Court (LHC) against 5 percent hike in the general sales tax (GST) in prices of petroleum products (POL), requesting the apex court to annul additional by declaring illegal.
The petitioner submitted that increasing the GST on POL products from 17 percent to 5 percent after reduction in POL prices was tantamount to depriving the public of benefits. He said that it injustice with the poor masses.
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.