The components of the new Price Structure are as follows:
PRICE STRUCTURE wef 19 May 2022
|
Mogas |
Gas Oil |
Reference Price - US$ per metric ton |
1,133.5400 |
- |
Reference Price - US$ per barrel |
- |
145.1300 |
CIF - US$/litre |
0.9062 |
0.9399 |
Exchange rate – Rs/US$ |
43.5000 |
43.5000 |
|
Rupees per litre |
|
CIF |
39.4197 |
40.8857 |
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 |
Contribution to finance the cost of COVID-19 vaccines |
2.0000 |
2.0000 |
STC's Operational Expenses |
0.3500 |
0.4000 |
Adjustment |
(2.0649) |
(12.6609) |
TRANSFER PRICE TO OIL COMPANIES |
60.0148 |
43.1848 |
Oil Companies’ Operational Expenses and Wholesale Margin |
2.3500 |
2.1800 |
VAT (15%) |
9.6652 |
7.1152 |
WHOLESALE PRICE |
72.0300 |
52.4800 |
Retail Margin |
2.0700 |
2.0700 |
RETAIL PRICE (Price at Petrol Service Station) |
74.1000 |
54.5500 |
18 May 2022