Saturday, 09/06/2012 13:48

Ministry hikes petrol import tax

Import taxes levied on various kinds of gasoline will be raised by 3 per cent to 7 per cent, pursuant to a circular issued by the Ministry of Finance (MoF) yesterday. The circular also stipulated that import taxes on diesel fuel for cars will increase from 3 per cent to 6 per cent and other fuel will rise to 8 per cent. This circular took effect yesterday

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