The components of the new Price Structure are as follows:
PRICE STRUCTURE wef 14 January 2023
|
Mogas |
Gas Oil |
Reference Price - US$ per metric ton |
827.3300 |
- |
Reference Price - US$ per barrel |
- |
115.3800 |
CIF - US$/litre |
0.6769 |
0.7528 |
Exchange rate – Rs/US$ |
45.3500 |
45.3500 |
|
Rupees per litre |
|
CIF |
30.6974 |
34.1395 |
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 |
7.2000 |
7.2000 |
STC's Operational Expenses |
0.3500 |
0.4000 |
Adjustment |
- |
(5.9147) |
Fund to Price Stabilisation Account |
6.6574 |
- |
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 |
13 January 2023