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.