Written by Hamza Shahnawaz in Taxation The facility applies to compliant oil and ghee businesses paying sales tax at retail prices and remains available until November 30, 2026. ISLAMABAD: The Federal Board of Revenue (FBR) has allowed manufacturers and suppliers of edible oil and ghee to adjust input tax up to 95% of output tax for the relevant tax period, subject to specified compliance requirements. The FBR issued SRO 1631(I)/2026 dated September 18, 2026, amending its earlier notification SRO 1190(I)/2019 dated October 2, 2019, under the Sales Tax Act, 1990. The latest notification was issued under the powers conferred by the second proviso to sub-section (1) and sub-section (4) of Section 8B of the Sales Tax Act, 1990. FBR sets conditions for 95% input tax adjustment Under the amendment, the FBR has added a new entry to Table-2 of SRO 1190(I)/2019. The facility applies to registered persons engaged in the supply of oil and ghee who meet the prescribed conditions. Eligible businesses must: • Comply with the FBR’s digital invoicing and production monitoring system; • Be engaged in the supply of oil and ghee; and • Pay sales tax at the retail price in accordance with Serial No. 56 of the Third Schedule to the Sales Tax Act, 1990. The facility will remain available…