ISLAMABAD: The government is collecting more than Rs126 per litre on petrol and over Rs112 per litre on high-speed diesel (HSD) through a combination of taxes, petroleum levy, customs duty, dealer and oil marketing company (OMC) margins, and other charges.
According to the latest pricing details, the cumulative taxes, levies and margins on petrol stand at Rs126.62 per litre, while Rs112.44 per litre is being charged on high-speed diesel.
The ex-refinery price of petrol has been calculated at Rs207.69 per litre, whereas the ex-refinery price of diesel stands at Rs257.59 per litre.
The government is charging Rs80 per litre as petroleum levy on petrol and Rs70.82 per litre on diesel.
Customs duty amounts to Rs18.16 per litre on petrol and Rs15.68 per litre on diesel.
The Inland Freight Equalization Margin (IFEM) has been fixed at Rs6.95 per litre for petrol and Rs4.43 per litre for diesel.
The Oil Marketing Companies (OMCs) are allowed a margin of Rs7.87 per litre on both petrol and diesel, while dealer margins have been set at Rs8.64 per litre for both products.
In addition, the government has imposed a Climate Support Levy of Rs5 per litre on both petrol and diesel, adding to the overall consumer price. The cumulative taxes, levies and margins constitute a significant portion of the retail prices paid by consumers for petroleum products.
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