English | دری

Afghan Finance Ministry increases tax on E-80 Petrol, L-05 Diesel Oil

in Afghan Business

Afghan Finance Ministry increases tax on E-80 Petrol, L-05 Diesel Oil

afghanistan ministry of financeThe Afghan Finance Ministry has hiked imports on E-80 Petrol and L-05 Diesel Oil in an attempt to tackle the imports of low quality fuel into Afghan markets.

The Council of Ministers had banned imports of sub-standard fuel but reversed its decision after feeling pressure from Afghan oil companies.

Following the Finance Ministry’s plan and the regulations by the Afghanistan National Standards Authority (ANSA), who is charged with overseeing consumer protections and standards, companies importing E-80 Petrol and L-05 Diesel oil will face a 14% custom duty while fuel materials of higher quality will continue to be charged the regular 12% duty.

E-80 Petrol and L-05 Diesel oil are used for heating homes and in agricultural machinery.

In the meantime, the Ministry of Commerce and Industries (MoCI) said that higher duty should not translate into higher prices. If traders resorted to price hike, they would face legal repercussions.


Tags assigned to this article:
Afghan finance MinistryAfghanistan import duties

Related Articles

Tagab in Badakhshan to receive new health clinic for 150 patients with German support

Work on the construction of a new Comprehensive Health Clinic (CHC) for Tagab district in Badakhshan province began today. The

Minister of Mines and Minister of Information and Culture receive the vote of confidence

Minister of Mines Waheedullah Shahrani and Minister of Information and Culture Dr. Sayed Makhdoom Raheen received the vote of confidence

First-Ever Demographic and Health Survey Completed in Afghanistan; Children’s Survival Improving

Almost half of births in Afghanistan are being delivered in a health facility, and just over half are assisted by

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.