Actual taxes, duties, levies on petrol and diesel exposed

By: News Desk
Published: 10:23 PM, 16 Jan, 2022
Actual taxes, duties, levies on petrol and diesel exposed
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The burden of taxes, duties and levies has been increased on the prices of petroleum products for the people.

The 24News HD TV channel has revealed the details of all the taxes, duties and levies imposed on petrol and diesel.

According to the details, on the per litre petrol, Rs31.57 are fixed in the head of duties, margins and levies from the government.

The ex-refinery price of petrol is Rs116.26 per litre but the sale price for the general public has been fixed at Rs 147.83 per litre.

On per litre petrol, dealers’ margin has been charged Rs4.90 while the distributor margin on it is Rs3.68. IFEM is Rs4.21. Levy on petrol is Rs17.62 and the sales tax is Rs1.16 per litre.

The price of high-speed diesel for the public has been fixed by the sitting government at Rs144.62 per litre.

The government is collecting tax, duties, margin and levy Rs31.50 per litre on diesel while the ex-refinery price of high-speed diesel is Rs113.12 per litre.

Dealers’ margin on high-speed diesel is Rs4.13 per litre and distributors’ margin on it is Rs3.68 per litre.

The IFEM is Rs2.12 per litre on high-speed diesel while the Levy on high-speed diesel is Rs17.13 per litre and the sales tax is Rs4.44 paise per litre.