ISLAMABAD, May 09 (TNS): The Supreme Court on Wednesday sought an explanation from relevant departments over the imposition of taxes on petroleum products, observing that taxes are levied whenever relief has to be provided to the public.
During a hearing, Chief Justice of Pakistan Justice Saqib Nisar remarked that prices of petroleum products in Pakistan seldom go down when there is a decrease in the international market, as the government keeps imposing taxes.
Since Additional Attorney General Nasar was also present in the court, Justice Ijaz-ul-Ahsan questioned him on the type of taxes applicable to petroleum products and price of petroleum in the international market.
The additional attorney general told the court sales taxes on petroleum products in Pakistan are lowest in the region, adding that India levied 27% taxes on its petroleum products. To this, the chief justice remarked that taxes between India and Pakistan incomparable justice like the information technology sector of both the countries was.
