Question : COLLECTION FROM PETROLEUM SECTOR



(a) the amount collected through various taxes, cesses and other sources during each quarter of the last three years and the current year from petroleum sector;

(b) whether the amount deposited in the exchequer has registered an increase as a result of increase in the prices of crude oil, internationally during the aforesaid period; and >

(c) if so, the details thereof?

Answer given by the minister


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

(a): Quarter-wise customs and excise duties collected from petroleum sector for the last three years and the current year is as below:

(Rs. In Crore)
F.Y	Q1	Q2	Q3	Q4	Total Revenue
2009-10	15966	17834	17329	20638	71767
2010-11	23852	24889	25864	28222	102827
2011-12 (P)	30232	20803	21607	22707	95349
2012-13	23848	23843	24127	-	71818
(up to
December)
(b), (c): The amount deposited In the exchequer has registered an increase only during the year 2010-11 on account of increase in international prices of crude oil and also due to increase in basic customs duty on crude oil from `Nil` to 5% during 27.02.2010 to 24.06.2011.