Govt to earn 43pc per litre from new petroleum prices : Pakistan

Wednesday, July 1, 2009

After the implementation of the new Carbon tax, the prices have been increased so far that the government will be able to earn 43 percent per litre through petroleum prices.

The advisor to the PM on Petroleum and Natural Resources, Dr. Asim Hussain, The prcies increased in the petroleum are as follows
Petrol = 10.55 Percent
Diesel = 12.50 Percent

After the enforcement of the new price, the ex-refinery price will be Rs36.59 per litre with Rs10/per litre (Carbon Tax) , Rs3.37/Per litre (Intra-country transportation), The commission of dealers will be Rs.2 per litre, Rs1.60/litre commission for oil marketing companies and 16 percent Government charge would be charged which will be Rs.8.57/ Per litre.
Now the price per litre petrol including all expenses would be Rs.43.56 and the government taxes on it will be Rs.18.57/ Per Litre which is about 43 percent of the petrol price.