ST at the rate of Rs5/unit of electricity: FBR notifies list of 99 iron, steel manufacturers

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 99 iron/steel manufacturers, on which sales tax would be charged at the rate of Rs5 per unit of electricity consumed through the electricity bills, issued by the respective power distribution companies (Discos).

According to a notification issued on Tuesday, the FBR notified the names of registered manufacturers in the iron and steel sector (Melters, Re-Rollers and Composite Units) whose imports of scrap under HS codes of 7204.3000, 7204.4100, 7204.4990 and 7204.4940, including purchases from export facilitation scheme (EFS) and importers, directly during the preceding twelve months exceed seventy percent of their total purchases of scrap of aforementioned HS codes and whose operations are duly integrated with the FBR’s computerised system.

Accordingly, these manufacturers shall be charged sales tax at the rate of Rs5 per unit of electricity consumed through the electricity bills issued by the respective Discos. The names of the registered manufacturers are as under:

The list of taxpayers may be revised from time to time by the FBR or on the recommendations of the Commissioner Inland Revenue (CIR), as the case may be. The board or the respective field formations may independently examine the eligibility of any registered manufacturer for inclusion in or exclusion from the list in accordance with the prescribed criteria. In case any hardship arises, the matter may be brought to the notice of the concerned CIR for appropriate consideration, FBR added.

Copyright Business Recorder, 2026