With #petrol hovering around ₹100, there are lots of discussions on how much #centre & states are making off one litre. As per one notice by @BJP4Keralam, Centre makes ₹19 whereas #Kerala makes ₹37 as taxes off one litre.
Being from the industry, I thought of putting up (1/5)
Being from the industry, I thought of putting up (1/5)
the taxes as detailed in ppac.gov.in here.
Petrol price is ₹ 37.31 at #Kochi 2day. Total Excise Dty is ₹32.9 (Basic ₹1.4, Addn ₹18, Special Addn ₹11 & Agri Cess ₹2.5). #Kerala tax is ₹24 (30.08% Vat+1% add Vat+ ₹1 cess).Dlr commission is ₹ 3.8 & hence (2/5)
Petrol price is ₹ 37.31 at #Kochi 2day. Total Excise Dty is ₹32.9 (Basic ₹1.4, Addn ₹18, Special Addn ₹11 & Agri Cess ₹2.5). #Kerala tax is ₹24 (30.08% Vat+1% add Vat+ ₹1 cess).Dlr commission is ₹ 3.8 & hence (2/5)
final price ₹98.01. Of excise, all taxes other than basic excise duty are exempt from the divisible pool. 41% of basic excise duty of ₹1.4, ie 57 paisa is shared with state governments. Hence, as per my calculation, for every litre of petrol sold in #Kerala, #India gets (3/5)
₹32 & #Kerala makes ₹24 by way of taxes. It is high time we be aware of who makes what as tax on fuel, instead of centre & state passing the buck to each other. (4/5)
#PetrolPriceHike
@narendramodi @ShashiTharoor @dhanyarajendran @sardesairajdeep @PetroleumMin @BPCLimited @HPCL
#PetrolPriceHike
@narendramodi @ShashiTharoor @dhanyarajendran @sardesairajdeep @PetroleumMin @BPCLimited @HPCL
Both centre & state should work to ensure taxes are reduced instead of unproductive protests (5/5)
#PetrolPriceHike
@IndianOilcl @anilkumartcym @sagarikaghose @mkstalin @ArvindKejriwal @Paul_Oommen @Actor_Siddharth @ndtv @manoramanews @mathrubhumi
@Unrollme @threadreaderapp
#PetrolPriceHike
@IndianOilcl @anilkumartcym @sagarikaghose @mkstalin @ArvindKejriwal @Paul_Oommen @Actor_Siddharth @ndtv @manoramanews @mathrubhumi
@Unrollme @threadreaderapp
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