FBR adds eight more steel manufacturers to Rs5 per unit electricity-based sales tax regime

A Federal Board of Revenue order dated November 12 has brought eight additional iron and steel businesses into a sales-tax method that calculates liability using electricity consumption. The newly covered firms are Almoiz Industries, Hajvairy Steel Industries, Sheikhoo Sugar Mills, Nauman Steel, Capital Islamabad Supreme Industry, TSR Steel, Gul Shahzada Steel Mill and Husnain and Co. The change takes effect immediately and extends to each electricity connection belonging to those taxpayers.

The revised list now carries entries 40 through 47, building on a framework first issued in August 2026. For qualifying producers, the tax is assessed at Rs5 for each electricity unit recorded, subject to conditions involving scrap imports and purchases, production-related power use and integration with the FBR’s digital system. Amreli Steels and Mughal Iron and Steel were among producers covered by the earlier list, while the FBR can review eligibility and revise the roster.