35% Petrol Price is Taxes
For context, the gap between the base cost of petrol and its retail cost has widened to roughly Rs.
For context, the gap between the base cost of petrol and its retail cost has widened to roughly Rs.
Article outline
- What happened
- The details
- A closer look
- The bottom line
Key points
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- The latest computations by the Oil and Gas Regulatory Authority (OGRA) show that the base cost of petrol is Rs.
- 134.44 in taxes, levies and margins, along with an exchange adjustment of Rs.
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- 122.68 to the cost of each litre of diesel.
Meanwhile, the latest computations by the Oil and Gas Regulatory Authority (OGRA) show that the base cost of petrol is Rs. While its current retail cost is Rs, 254.96 per litre. 391.30.
In practice, the extra Rs. 136.34 includes Rs. 134.44 in taxes, levies and margins, along with an exchange adjustment of Rs. 1.90 per litre. Inflation Causes Rupee Decline: FBR Chairman.
Meanwhile, the petrol cost includes an Rs. 80 petroleum levy, Rs. 5 climate backing levy and Rs. 23.68 customs duty per litre.
It additionally includes an Inland Freight Equalization Margin of Rs. 7.91 per litre. Oil marketing firms receive a margin of Rs. While dealers receive Rs, 7.87 per litre. 9.98 per litre.
Meanwhile, high-speed diesel has a base cost of Rs. 285.85 per litre, compared with its current retail cost of Rs. 408.53.
This means taxes, levies and margins add Rs. 122.68 to the cost of each litre of diesel. Stay Connected with ProPakistani.
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Taken together, the developments around 35% Petrol Price is Taxes point to a situation that is still moving, and the coming days should bring more clarity.
