ISLAMABAD – The Federal Board of Revenue (FBR) has set the minimum retail price (MRP) of cement for July 2025 to ensure accurate sales tax collection and curb under-invoicing by manufacturers.
According to S.R.O. 1126(I)/2025, issued on Monday, the MRP will be determined by averaging cement prices from six major cities—Karachi, Lahore, Faisalabad, Peshawar, Rawalpindi, and Islamabad. These rates will be based on the most recent data released by the Pakistan Bureau of Statistics (PBS) from the previous month.
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For sales tax calculation purposes, Rs. 25 will be deducted from the PBS average price, and the remaining amount will be taxed at the standard rate outlined under the Sales Tax Act, 1990.
This latest directive replaces the previous notification, S.R.O. 746(I)/2025, which was issued in April 2025. The move is part of FBR’s ongoing efforts to standardize tax assessment and improve transparency within the cement industry.
