ISLAMABAD: The government-approved dealers’ margin has been incorporated into the recent increase in petroleum product prices, adding to the burden on consumers.According to official documents, the dealers’ margin on both petrol and diesel has been increased from Rs8.64 to Rs9.98 per litre.The margin has therefore been raised by Rs1.34 per litre on both products. The additional cost is being passed directly on to consumers. Had the margin not been increased, consumers could have received relief of Rs1.34 per litre in the prices of petrol and diesel.
Taxes and Charges on Diesel۔۔According to the pricing details for August 22, the ex-refinery price of diesel stood at Rs231.30 per litre.Diesel carries a petroleum levy of Rs80 per litre, while a carbon surcharge levy of Rs5 per litre is also included.In addition, an IFEM charge of Rs3.94 per litre and a distributor margin of Rs7.87 per litre are applicable.Overall, taxes and other charges amount to Rs106.79 per litre on diesel, according to the documents.
Taxes and Charges on Petrol۔۔۔The ex-refinery price of petrol for August 22 was also Rs231.30 per litre, according to the documents.Petrol carries a petroleum levy of Rs80 per litre and a carbon surcharge levy of Rs5 per litre.An IFEM charge of Rs7.44 per litre is also imposed on petrol, while a distributor margin of Rs7.87 per litre is applicable separately.The total taxes and charges on petrol amount to Rs110.29 per litre.The latest pricing details highlight the significant share of levies, charges and margins included in the retail prices of petroleum products, with the recent increase in dealers’ margins further adding to the cost borne by consumers.
Leave a Reply