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Increase in dealers margin, levy led to phenomenal increase in petrol prices

By News Desk

September 16, 2023 07:45 PM


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The consumers have been buried under the huge burden of levy on petroleum products, dealers and companies' margins after the increase in petroleum prices, reported 24NewsHD TV channel on Saturday. 

According to details, the government is charging Rs79.25 per litre on petrol including levy and dealers margin while is charging Rs64.11 per litre on diesel including levy and margin.

The ex-refinery price of petrol per litre is Rs252.13 and the price of petrol per litre for consumers has been set at Rs 331.38.

The government is collecting a levy of Rs60 on per litre of petrol while the freight margin on petrol per litre has also been increased by Rs1.60.

The freight margin on petrol has been increased from Rs3.77 to Rs5.37 per litre.

The margin of petrol companies has been increased from Rs6 to Rs6.47 per litre.

The dealers margin on petrol has been increased from Rs7 to Rs7.41 per litre.

The ex-refinery price of diesel per litre is Rs266.5 while the price of diesel for consumers has been set at Rs329.18.

A levy of Rs50 per litre of diesel is being collected as margin of oil companies on diesel has been reduced to Rs6.70 per litre.

The dealers' margin on diesel has been increased by Rs7 to Rs7.41 per litre

However, GST rate on petrol and diesel is zero.


News Desk


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