The components of the new Price Structure are as follows:
PRICE STRUCTURE wef 17 February 2024
|
Mogas |
Gas Oil |
Reference Price - US$ per metric ton |
804.3500 |
- |
Reference Price - US$ per barrel |
- |
100.7600 |
CIF - US$/litre |
0.6747 |
0.6831 |
Exchange rate – Rs/US$ |
45.1500 |
45.1500 |
|
Rupees per litre |
|
CIF |
30.4627 |
30.8420 |
Excise duty |
11.8700 |
4.2200 |
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 |
0.0500 |
0.0500 |
Contribution to Subsidy on LPG, Flour and Rice |
7.2000 |
7.2000 |
STC's Operational Expenses |
0.3500 |
0.4000 |
Rounding of Figures |
0.0225 |
- |
Fund to Price Stabilisation Account |
- |
5.5567 |
TRANSFER PRICE TO OIL COMPANIES |
52.2152 |
50.4287 |
Oil Companies’ Operational Expenses and Wholesale Margin |
2.3500 |
2.1800 |
VAT (15%) |
8.6348 |
8.3413 |
WHOLESALE PRICE |
63.2000 |
60.9500 |
Retail Margin |
3.0000 |
3.0000 |
RETAIL PRICE (Price at Petrol Service Station) |
66.2000 |
63.9500 |
17 February 2024