(a) the details of the breakup of taxes imposed on Petrol and Diesel prices along with the taxes collected from the consumers on one litre of petrol, diesel and CNG;
(b) whether the tax rates on petrol and diesel in the country are higher in comparison to our neighbouring countries, if so, the details thereof and the reasons therefor;
(c) whether the Government proposes to reduce the taxes on the petrol and diesel; and
(d) if so, the details thereof and if not, the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI SANTOSH KUMAR GANGWAR)
(a)and (b):The present Customs and Central Excise duties on petrol and diesel are as under:
Petroleum product Customs Duty Central Excise Duty
BCD ACD
Petrol
(unbranded) 2.5% Rs.6 per litre Rs.21.48 per litre
[Rs.9.48 BED + Rs.6 SAED + Rs.6AED]
Petrol
(branded) 2.5% Rs.6 per litre Rs.22.66 per litre
[Rs.10.66 BED + Rs.6 SAED + Rs.6 AED]
Diesel
(unbranded) 2.5% Rs.6 per litre Rs.17.33 per litre
[Rs.11.33 BED + Rs.6 AED]
Diesel
(branded) 2.5% Rs.6 per litre Rs.19.69 per litre
[Rs.13.69 BED + Rs.6 AED]
BCD - Basic Customs Duty [levied under the Customs Tariff Act]
ACD - Additional Duty of Customs [levied under section 103 of the Finance (No.2) Act, 1998(Petrol) and section 116 of the Finance Act, 1999 (Diesel)], commonly known as Road Cess.
BED – Basic Excise Duty [levied under the Central Excise Tariff Act]
SAED – Special Additional Excise Duty [levied under section 147 of the Finance Act, 2002]
AED – Additional duty of Excise [levied under section 111 of the Finance (No.2) Act, 1998(Petrol) and section 133 of the Finance Act, 1999 (Diesel)], commonly known as Road Cess.
Compressed Natural Gas (CNG) attracts a concessional rate of 5% Basic Customs Duty (BCD) and 14% Basic Excise Duty (BED).
The comparison of Retail Selling Price of Petrol and Diesel, as on 01.03.2017, with neighbouring countries is as under:-
Country Petrol
(Rs./Ltr.) Diesel
(Rs./Ltr.)
India (Delhi) 71.14 59.02
Pakistan 45.26 52.64
Bangladesh 72.56 54.85
Sri Lanka 51.69 41.97
Nepal 64.23 49.04
(c):There is no such proposal under consideration at present.
(d):Does not arise in view of reply to part (c) above.
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