Pakistan Revenue
Islamabad, December 11, 2025 – Pakistan’s oil marketing companies have called on authorities to urgently resolve long-pending sales tax reimbursement issues and other critical challenges affecting the sector’s financial stability.
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Karachi, January 24, 2025 – The Oil Companies Advisory Council (OCAC) has called for the removal of sales tax exemptions and the restoration of the zero-rated regime for petroleum products to address the growing challenges faced by Pakistan’s oil industry.
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The Oil Companies Advisory Council (OCAC) has urged the Punjab and Federal Capital administrations to take immediate steps to facilitate the transport of petroleum products, warning of an impending fuel crisis due to ongoing disruptions caused by Pakistan Tehreek-i-Insaf (PTI) protests.
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Karachi, July 12, 2024 – The Oil Companies Advisory Council (OCAC) has thrown a wrench into the government’s recent tax plan, urging the removal of the sales tax exemption on petroleum products.
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PkRevenue.com – The Oil Companies Advisory Council (OCAC) has made an urgent appeal to Karachi Mayor Murtaza Wahab for the immediate repair of the Keamari Oil Installation Area (KOIA) in anticipation of a particularly strong monsoon season expected to begin in June 2024.
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The Oil Companies Advisory Council (OCAC) has unveiled alarming figures, revealing that smuggled petroleum products are inflicting a staggering loss of $35.6 million on Pakistan’s economy every month.
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ISLAMABAD: The Oil Companies Advisory Council (OCAC) has leveled accusations against the Pakistan regulatory body, claiming that the recent forced reduction and manipulation of high-speed diesel (HSD) prices has resulted in an inventory loss of Rs11 billion for the industry.
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Karachi, June 19, 2023: The Oil Companies Advisory Council (OCAC) has expressed its opposition to the proposed guidelines for the import of petroleum products on a foreign supplier’s account through Customs Bonded Storage Facilities.
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Oil Companies Advisory Council (OCAC) has highlighted severe impact of Pakistani Rupee (PKR) depreciation on the oil industry in a letter sent to the energy ministry and Oil and Gas Regulatory Authority (OGRA).
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KARACHI: Pakistan sales of petroleum products have plunged by 23 per cent in first quarter (July – September) of the current fiscal year 2022/2023, official data revealed on Monday. The petroleum sales fell to 4.49 million tons during the first quarter of the fiscal year 2022/2023 as compared with 5.86 million tons in the same […]
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