Saudi Aramco announced new prices of gasoline Today, after the raising of 15% of Value Added Tax (VAT) from the 1st July 2020.
Saudi Aramco announces new Gasoline prices after raising 15% VAT
The new prices of gasoline in Saudi Arabia from Today (1st July 2020) onwards
Gasoline 91 : 0.98 SAR per Liter
Gasoline 95 : 1.18 SAR per Liter
Diesel : 0.52 SAR per Liter
Kerosene : 0.70 SAR
LPG : 0.75 SAR
Saudi Aramco announces new Gasoline prices after raising 15% VAT
Today, Wednesday, the first of July 2020, the decision to raise the value-added tax rate to 15% came into force on all goods and services subject to it in commercial markets, after the announcement of Royal Order No. (A / 638) to amend Article (2) of the value-tax system Added value, which includes raising the tax rate from 5% to 15% on the eleventh of last May.
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