35% Petrol Price is Taxes
The gap between the base cost of petrol and its retail price has widened to roughly Rs. 140 for every … Read More The post 35% Petrol Price is Taxes appeared first on ProPakistani .
The retail price of petrol in Pakistan has risen by 35%, reaching Rs. 391.30 per litre. This price includes a base cost of Rs. 254.96 per litre, with taxes, levies and margins accounting for Rs. 136.34. These additional costs consist of a Rs. 80 petroleum levy, a Rs. 5 climate support levy, a Rs. 23.68 customs duty, an Inland Freight Equalization Margin of Rs.
7.91, and a margin for oil marketing companies and dealers at Rs. 7.87 and Rs. 9.98 respectively. In contrast, the base cost of high-speed diesel is Rs. 285.85 per litre, with taxes, levies and margins adding Rs. 122.68 to its retail price of Rs. 408.53.
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