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