The Federal Board of Revenue (FBR) has issued tax notices to Pakistan State Oil (PSO) and six other oil companies over the alleged underpayment of nearly Rs.
10 billion in petroleum levy, climate levy, and customs duties on imported petroleum products.
According to reports, Pakistan State Oil (PSO) has received the largest notice, with the FBR claiming outstanding dues of approximately Rs. 8.2 billion.
The other companies served with notices include Puma Energy, Pak-Arab Pipeline Company, Hi-Tech Lubricants, BE Energy, Taj Gasoline, and Gas & Oil Pakistan.
The tax authority has directed all the companies to submit their responses and settle any outstanding liabilities within the prescribed timeframe.
Officials have warned that failure to comply with the notices or clear the alleged dues could result in legal proceedings and further enforcement action under the relevant tax laws.
The move reflects the FBR’s continued efforts to strengthen tax compliance, improve revenue collection, and ensure that all importers and businesses operating in Pakistan’s petroleum sector fulfill their financial obligations in accordance with the country’s regulatory framework.
The case is expected to be closely watched by industry stakeholders as the companies present their responses to the tax authority.
