During the last financial year, the government received an additional sales tax of Rs 998 billion on essential commodities. According to the FBR document, taxes on electricity, gas, sugar, cement, cigarettes, tea, beverages, and biscuits increased, collecting Rs 364 billion 66 crore from electricity bills alone.
Documents from the Federal Board of Revenue (FBR) reveal that the government collected an additional PKR 998 billion in sales tax on essential items during the 2023–24 period, with increased taxes on electricity, gas, sugar, cement, cigarettes, tea, beverages, and biscuits.
It has been stated in the documents that the volume of local sales tax collection exceeded 1,222 billion rupees, an additional 141 billion rupees were collected from the public in the form of sales tax on electricity.
According to the FBR, the government collected 364 billion 66 crore in sales tax on electricity bills last year, sales tax revenue on electricity consumption increased by 63.4% in one year, 28.5% increase on sugar, and 98 billion rupees was collected in sales tax.
According to the FBR document, tax collection on cement increased by 60% to Rs 66.61 billion, sales tax on cigarettes increased by 64.3%, Rs. 61 billion was received, federal excise duty on cigarettes was Rs. 237 billion and FED was Rs. 95 billion. Billion rupees i.e. 67% increase was recorded.
According to the report, sales tax collection on tea increased by 31%, the volume was 22 billion 72 crores, local sales tax revenue on vehicles increased by 160% which was 13.36 billion, sales tax collection on biscuits increased by 56% to 15 billion, petroleum products. However, GST collection declined by 4.3%.