Lok Sabha Question No. 909 (UNSTARRED), answered on 2018-07-23
Subject: Taxes on Petroleum Products
Ministry: PETROLEUM AND NATURAL GAS
Asked by: B.V. NAYAK

## LOK SABHA

## UNSTARRED QUESTION NO.909 TO BE ANSWERED ON 23 RD  JULY, 2018

## Taxes on Petroleum Products

## 909. SHRI B.V. NAIK:

## पेट्रोल ियम और प्राक ृ तिक गैस मंत्री

## Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- (a) whether  various  taxes on  petroleum  products  levied  by  the  Union  and  State Governments are equivalent to their basic prices and if so, the details thereof;
- (b) the basic price of petroleum products and the prices after the levy of State and Union Government taxes, State-wise;
- (c) the date-wise quantum of increase in price of crude oil in the international market per barrel during the last year; and
- (d) whether  the  Government  has  kept  petroleum  products  out  of  GST  purview  for  the time being as the current status of tax slabs in Goods and Service Tax is likely to accrue less taxes on petroleum products and if so, the details thereof?

## ANSWER

## पेट्रोल ियम और प्राक ृ तिक गैस मंत्री

## (श्री धमेन्द्र प्रधान)

## MINISTER OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA PRADHAN)

- (a) & (b) The details of taxes per litre in the retail selling price of major petroleum products are given at Annexure I.
- (c) The prices of various grades of crude oil are quoted in the international market on a daily basis. The month-wise average price of Indian basket of crude oil during the last year is given as Annexure II.
- (d) Article 279 A (5) of the Constitution provides that Goods and Services Tax Council shall recommend the date on which goods and services tax (GST) shall be levied on petroleum crude, high speed diesel, motor spirit, natural gas  and aviation turbine fuel.  Thus,  while petroleum products are included under GST, the date on which GST shall be levied on such products shall be as per decision of the Goods and Services Tax Council.

## Annexure referred to in reply to parts (a) & (b) of the Lok Sabha Unstarred Question No.909 asked by Shri B.V. Naik to be answered on 23 rd July, 2018 regarding 'Taxes on Petroleum Products'.

The share of taxes in current price of petrol, diesel & Domestic LPG (at Delhi) and PDS kerosene (at Mumbai) are given below:

| Elements                                    |   Petrol ` / Ltr. |   Diesel ` / Ltr. |
|---------------------------------------------|-------------------|-------------------|
| Price before taxes and dealer commission    |             36.68 |             39.77 |
| Excise duty                                 |             19.48 |             15.33 |
| VAT (Including VAT on dealer commission)    |             16.34 |             10.07 |
| RSP per litre (including dealer commission) |             76.84 |             68.47 |

Price of petrol and diesel as per IOCL at Delhi as on 16 th July, 2018.

## Share of Taxes in RSP of PDS Kerosene and Domestic LPG

| Elements                                      | PDS Kerosene Effective 16th July'18 ` / Ltr.   |   Domestic LPG Effective 1st July'18 ` /Cyl. |
|-----------------------------------------------|------------------------------------------------|----------------------------------------------|
| Retail Selling Price before Government Levies | 38.52                                          |                                       668.84 |
| Price Component Realized                      | 22.55                                          |                                       668.84 |
| Total Taxes                                   | 1.23                                           |                                        35.91 |
| RSP                                           | 25.82                                          |                                       754    |
| Subsidy to the consumer                       | Subsidy to the consumer                        |                                       257.74 |
| Effective cost to Consumer after Subsidy      | Effective cost to Consumer after Subsidy       |                                       496.26 |

Retail Selling Price of PDS kerosene is at Mumbai and for domestic LPG is at Delhi.

Annexure II

Annexure referred to in reply to part (c) of the Lok Sabha Unstarred Question No.909 asked  by  Shri  B.V.  Naik  to  be  answered  on  23rd  July,  2018  regarding  'Taxes  on Petroleum Products'.

## Prices of Indian Basket of Crude Oil during 2017-18

| Month     |   $/bbl |
|-----------|---------|
| April     |   52.49 |
| May       |   50.57 |
| June      |   46.56 |
| July      |   47.86 |
| August    |   50.63 |
| September |   54.52 |
| October   |   56.06 |
| November  |   61.32 |
| December  |   62.29 |
| January   |   67.06 |
| February  |   63.54 |
| March     |   63.8  |