Govt should explain tax hikes on petrol despite falling global prices: SC
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Dawn News
13 days ago

Govt should explain tax hikes on petrol despite falling global prices: SC

The Supreme Court observed on Wednesday that the government has resorted to increasing the general sales tax (GST) on petroleum products by as much as 25 per cent even as crude oil prices slump in the international market. Hearing a suo motu case on the matter, the court ordered the government to submit a report within a week detailing the various taxes imposed on petroleum products, and their comparison with global and regional standards. Whenever prices fall in the global [oil] market, sales tax is imp

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