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Since the beginning of a new era of the GST paid off
NEW DELHI: Domestic cooking gas LPG prices have been hiked by over Rs 2 per cylinder dealers. A 14.2-kg subsidized LPG cylinder in Delhi will now cost Rs 507.42 as against Rs 505.34 previously, according to a price notification of state-owned fuel retailers. This followed an order of the Oil Ministry that raised the dealer's commission. In this case, the Ministry of Agriculture, LPG Distributors, and Rs 48.89 and Rs 24.20 respectively in September 2017.
"Pending Finalization of De-Novo Study for revision of LPG distributors' commissions and taking into account the increase in the costs of transportation, wages, rulers, rulers, rulers, rulers, rulers 50.58 per 14.2 kg cylinder and Rs 25.29 per 5 kg cylinder as an interim measure, "the order said.
This is the second increase in rates, when it was increased by Rs 2.94 per cylinder because of its component price.
Since June 16, 2009, they have been increased by RST 16.21.
In Mumbai, a 14.2-kg LPG cylinder now costs Rs 505.05 while in Kolkata it is priced at Rs 510.70. Chennai has a price of Rs 495.39
Rates differ from state to state depending on local taxes and transportation cost.
The new dealer's commission will be made up of Rs 30.08 and 20.50 delivery charges for a 14.2-kg cylinder.
For 5 kg cylinder, the establishment charges have been fixed at Rs 15.04 and the rest Rs 10.25 are delivery charges, the ministry order said.
Customers who collect their refills directly from the distributor.
Before the hike, the dealer's commission was made up of Rs 29.39 and 19.50 delivery charges for a 14.2-kg cylinder. For 5 kg bottle, the establishment charges were Rs 14.70 and delivery charges Rs 9.50.
All LPG customers have to buy fuel at market price. The government, however, provides 12 cylinders of 14.2-kg per year, providing a subsidy amount in the accounts of users.
This subsidy amount varies from month to month depending on the international average benchmark LPG rate and foreign exchange rate.
When international rates move up, the government provides a higher subsidy. But as per tax rules, GST on LPG has been calculated at the market rate of fuel. The government may choose to subsidize the market share.
(Except for the headline, this story has been edited by NDTV staff and is published from a syndicated feed.)
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