*ISLAMABAD: **Compressed Natural Gas Prices rise drastically acrossPakistan. *
*The government has issued notification to raise the sales tax rate on theCompressed Natural Gas (CNG).*
The CNG consumers would have to pay Rs69.57 per kilo tax on the CNG supplyin region-I, while the region-II consumers would have to pay Rs74.04 per KGsales tax, according to the notification.
The government has increased sales tax for Region-1 from existing Rs64.80to Rs74.04 per kg, whereas for Region-2 from present Rs57.69 to Rs69.57 perkg.
According to Federal Board of Revenue (FBR), the region-I comprises ofKhyber Pakhtunkhwa, Balochistan, Rawalpindi, Islamabad and Gujjar Khan.
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Sindh, Pothohar region and other parts of Punjab are part of the region-II,the taxation authority said.
The new rates of sales tax on CNG will come into effect from July 1st.
All Pakistan CNG Association (APCNGA) Chairman Ghayas Piracha, commentingover the hike in sales tax rate said that the CNG price will enhance upto21-22 rupees per kilogram.
