Hike in Fuel Prices in KSA from January 2018

Fuel Prices in Kingdom of Saudi Arabia are expeced to increase from Jaunary 2018. This information was was provided by The General autohrity of Zakat & Tax that VAT will be applied when purchacing Fuel (Petrol & Diesel).

5% VAT will be applied on purchase of Petrol & Diesel form January 2018.

This information was obtained from Social Media and The General autohrity of Zakat & Tax (GAZT) said that “The VAT rate of 5% for Petrol willbe applied starting January 1,2018”.

Current Fuel Price in Saudi Arabia (KSA):

Petrol 91 – 0.75 SAR
petrol 95 – 0.90 SAR
Diesel – 0.45 SAR

Expected New Fuel Price in Saudi Arabia (KSA):

Petrol 91 – 0.78 SAR
petrol 95 – 0.95 SAR
Diesel – 0.47 SAR