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Increase in electricity rates for industrial, commercial consumers notified

September 18, 2021 04:49 PM


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The government has further increased electricity rates for the industrial and commercial consumers, reported 24NewsHD TV channel on Saturday.

According to the SRO issued by the Federal Board of Revenue (FBR), an additional tax has been levied on non-registered commercial and industrial units while non-filer owners of industrial units will have to pay extra amount in their electricity bills after an additional tax of 17 percent.

Non-filer commercial consumers, on the other hand, will have to pay an additional tax, ranging between 5 and 17 percent, in their electricity bills.

The SRO further says that an additional tax of five percent has been levied on the commercial power consumers, receiving monthly electricity bill totaling Rs10, 000, while the commercial consumers receiving monthly electricity bill, totaling between Rs10, 000 and Rs20, 000, will have to pay seven percent additional tax.

Similarly, the commercial power consumers, receiving amounts between Rs20, 000 and Rs30, 000 in their bills, will have to pay 10 percent additional tax.

See Also: Income tax on electricity bills to unleash ‘monster’ inflation: Bilawal

SRO further says that the commercial consumers, receiving amounts between Rs30, 000 and Rs40, 000 in their monthly bills, will have to pay 12 percent additional tax.

Likewise, under the new orders, 15 percent additional tax has been levied on the commercial consumers, receiving electricity bills totaling between Rs40, 000 and Rs50, 000.

Similarly, the consumers receiving amounts in their monthly electricity bills of Rs50, 000 or more, will be bound to pay an additional tax of 17 per cent.

 

Reporter Waqas Azeem



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