Question : REVENUE FROM PETRO - PRODUCTS



(a) The percentage share of duties imposed on crude oil and petroleum products in the total revenue receipts during the last three years, year-wise;`and

(b) The Government`s policy on the fixation of prices of petroleum products vis-a-vis other consumer products?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S.PALANIMANICKAM)

(a) The percentage share of duties imposed on crude oil and petroleum products in the total revenue receipts from customs and Central Excise during the last three years is given below:

Head	2002-03	2003-04 2004-05(Prov.)
%age of revenue 8.9 9.1 9.6 of crude in total revenue.
%age of revenue 26.6 27.3 26.5 of petroleum products in total revenue
%age of total 35.5 36.4 36.1 revenue of petroleum sector in total revenue



(b) Pricing of Petroleum product is subject matter allocated to Ministry of Petroleum and Natural Gas.