Taxes, levies, margins are big composite factors in high POL prices 

By: News Desk
Published: 03:36 PM, 16 Jan, 2022
Taxes, levies, margins are big composite factors in high POL prices 
Caption: Representational image.
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While analyzing the petroleum price composition, it has been noticed that the proportions of taxes, duties and levies have been increased in the overall price of petroleum products, reported 24NewsHD TV channel on Sunday.

Sources informed that on per litre petrol, Rs31.57 worth taxes, duties, margin and levies have been imposed. 

While the government is receiving taxes, duties, margin and levy amounting to Rs31.50 on per litre diesel.

Sources revealed that the ex-refinery price of petrol is Rs116.26 per litre. And for people, the petrol price is Rs147.83 per litre.

The ex-refinery price of high speed diesel is Rs113.12 per litre. While people are buying it for Rs144.62 per litre. 

Sources divulged that from consumers the government is receiving on per litre petrol Rs4.90 under the head of dealers’ margin while the distributor margin on per litre petrol is Rs3.68 and government is charging Inland Freight Equalization Margin (IFEM) amounting to Rs4.21 per litre petrol. 

The government has imposed levy amounting to Rs17.62 and sales tax amounting to Rs1.16 on per litre petrol. 

Sources said that the dealers’ margin on per litre high speed diesel is Rs4.13 while distributer margin is Rs3.68 and IFEM is Rs2.12. 

The government has imposed a levy totaling Rs17.13 and sales tax amounting to Rs4.44 on per litre high speed diesel, sources concluded.

Reporter Awais Kiyani