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FBR Fixes Minimum Cement Price

The Federal Board of Revenue (FBR) has fixed the minimum retail price (MRP) of cement for July 2025 for the correct collection of sales tax and to prevent under-invoicing by manufacturers.

According to S.R.O. 1126(I)/2025 issued on Monday, the MRP will be calculated as the average cement prices in Karachi, Lahore, Faisalabad, and Peshawar, along with the average of prices in Rawalpindi and Islamabad.

These prices will be based on the latest figures published by the Pakistan Bureau of Statistics (PBS) during the previous month.

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For sales tax purposes, Rs. 25 will be deducted from the PBS average price, and the tax will be applied at the standard rate under the Sales Tax Act, 1990.

This new notification supersedes the earlier S.R.O. 746(I)/2025 issued in April 2025.

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Business Desk