The components of the new Price Structure are as follows:

PRICE STRUCTURE wef 14 December 2024

 

                         

Mogas

Gas Oil

Reference Price  - US$ per metric ton

695.2700

 -

Reference Price  - US$ per barrel

-

86.7900

CIF - US$/litre

0.5945

0.6015

Exchange rate – Rs/US$

47.5021

47.5021

 

                   Rupees per litre

CIF

28.2400

28.5725

Excise duty

9.8700

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

Fund to /from Price Stabilisation Account

(0.1026)

3.4784

TRANSFER PRICE TO OIL COMPANIES

47.8674

46.0809

Oil Companies’ Operational Expenses and Wholesale Margin

2.3500

2.1800

VAT (15%)

7.9826

7.6891

WHOLESALE PRICE

58.2000

55.9500

Retail Margin

3.0000

3.0000

RETAIL PRICE (Price at Petrol Service Station)

61.2000

58.9500

 

13 December 2024