# FBR fixes sales tax rate for cottonseed

> Pakistan's Federal Board of Revenue fixed sales tax on cottonseed at Rs 8 per 40 kg starting July 1, 2019, under SRO 253(I)/2019. The move follows a court ruling that struck down an earlier special procedure for cottonseed oil and oil cake.

- Date: 2019-02-26 · published 2019-02-26T12:00:00.000Z
- Category: policy · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/60719-fbr-fixes-sales-tax-rate-for-cottonseed
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The tax change affects the domestic cost of cottonseed crushing in Pakistan, which influences local cottonseed oil and cake supply. The impact on international feed prices is minimal.

## Read by commodity

- CSM: neutral

## Sources

- pkrevenue.com: https://pkrevenue.com/fbr-fixes-sales-tax-rate-for-cottonseed/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.