Heading: FBR ADDS FIVE STEEL UNITS TO RS5 ELECTRICITY SALES TAX REGIME - 2026-09-08
Written by Hamza Shahnawaz in Taxation Tax authority expands list of eligible iron and steel manufacturers subject to sales tax of Rs5 per unit of electricity consumed ISLAMABAD: The Federal Board of Revenue (FBR) has amended its Sales Tax General Order (STGO) 16 of 2026 to add five more iron and steel manufacturers to the list of taxpayers subject to sales tax at Rs5 per unit of electricity consumed. The FBR issued Sales Tax General Order No. 22 of 2026 – IR Operations, amending STGO 16/2026 dated August 6, 2026. The order was issued under the third proviso to sub-section (2) of Section 6 of the Sales Tax Act, 1990, read with clause (g) of SRO 1245(I)/2026 dated July 31, 2026. Five steel manufacturers added to FBR list Under the amendment, the following five steel manufacturers have been added to the list: • Rasheed Steel — MN 3348026 • Batala Steel Industries — MN 9184872 • Royal Steel — MN 2538271 • Platinum Steel Mill (Private) Limited — MN 5593212 • KBS Steel Furnace — MN 4288071 The order states that the relevant electricity reference numbers and distribution companies (DISCOs) will correspond to the respective electricity connections of each taxpayer. FBR sets eligibility criteria for steel…