Save Our Pak
ISLAMABAD: The Petroleum Division has shared the complete details of the road-construction levy on petroleum products in the Senate.
According to ARY News, an extra levy of 7 and 8 rupees has been placed on petroleum products for road development. Since April 16, the government has collected 666.13 billion rupees from consumers under this levy.
The Petroleum Division explained that the federal government imposed this levy on April 16. Petrol now carries an 8-rupee levy per liter, while diesel has a 7-rupee levy per liter.
Up to September 30, around 66.13 billion rupees have been collected from consumers through this additional levy.
The Petroleum Division added that the extra petrol levy is still being collected, but the department does not control the spending of these funds or the projects linked to them.
Officials said the government aims to collect 200 billion rupees through this special levy for road construction.
It is important to note that starting November 16, the government increased the levy on petrol by 1 rupee 60 paisa per liter. For the next 15 days, the extra margin on petrol was also raised by 3 paisa per liter.
After this increase, the petroleum levy on petrol went from 78.02 rupees to 79.62 rupees per liter. However, the distributor margin of 7.87 rupees and the dealer margin of 8.64 rupees remain unchanged. The freight margin on petrol is 8.18 rupees per liter.
Documents also show that for the next 15 days, the levy on diesel has been reduced by 1 rupee 60 paisa, bringing it down from 77.01 rupees to 75.41 rupees per liter.
The freight margin on diesel has been cut by 1.82 rupees, while the extra margin has been reduced by 24 paisa per liter. The updated freight margin on diesel is 4.31 rupees per liter, with the distributor margin at 7.87 rupees and the dealer margin at 8.64 rupees per liter.
Reported by Save Our Pak
