05.05.2025 17:24

The Federal Board of Revenue in Parkistan fixes minimum retail price of cement

The Federal Board of Revenue (FBR) in Pakistan has fixed minimum retail price of cement for the purpose of payment of sales tax by cement industry.

The new mechanism for fixation of minimum retail price of cement would be applicable from May 1, 2025.

The move would curtail massive under-invoicing by cement manufacturers and the prices would be as published by the Pakistan Bureau of Statistics. The minimum retail price would be the average national retail price of cement.

Region: Pakistan
Image source: Business Recorder
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