The components of the new Price Structure are as follows:
PRICE STRUCTURE wef 05 December 2020
|
Mogas |
Gas Oil |
Reference Price - US$ per metric ton |
400.2500 |
- |
Reference Price - US$ per barrel |
- |
48.3000 |
CIF - US$/litre |
0.3374 |
0.3263 |
Exchange rate – Rs/US$ |
40.4000 |
40.4000 |
|
Rupees per litre |
|
CIF |
13.6310 |
13.1825 |
Excise duty |
12.2000 |
4.7000 |
Contribution to Road Development Authority |
1.8500 |
1.7500 |
Contribution to Rodrigues Transportation and Storage |
0.4100 |
0.4100 |
Contribution to the Construction of storage facilities for petroleum products |
0.6500 |
0.5000 |
Contribution to Subsidy on LPG, Flour and Rice |
4.2000 |
4.2000 |
Contribution to the COVID-19 Solidarity Fund |
1.0000 |
1.0000 |
STC's Operational Expenses |
0.3500 |
0.4000 |
Adjustment |
(0.4501) |
0.0423 |
TRANSFER PRICE TO OIL COMPANIES |
33.8409 |
26.1848 |
Oil Companies’ Operational Expenses and Wholesale Margin |
2.3500 |
2.1800 |
VAT (15%) |
5.7391 |
4.5652 |
WHOLESALE PRICE |
41.9300 |
32.9300 |
Retail Margin |
2.0700 |
2.0700 |
RETAIL PRICE (Price at Petrol Service Station) |
44.0000 |
35.0000 |
04 December 2020