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Monday 24 November, 2008
 11:17 | 7/Aug/2008 |  2 Comment(s)
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Petrol Price Hike Actual Scenario

Petrol Price ComparisionRs.Percentage over One Liter Petrol PriceIf Percentage is reduced by half over one liter of Petrol 
Price of Crude Oil per Barrel$ 130    5,850    
One Liter Petrol Price Without Tax     21.93                       21.93  
Excise Duty       14.35 65.44%                      7.13 32.50%
Education Tax         0.43 1.96%                      0.44 2.00%
Dealer Commision         1.05 4.79%                      0.55 2.50%
VAT         5.50 25.08%                      2.74 12.50%
Crude Oil Custom duty         1.10 5.02%                      0.55 2.50%
Petrol Custom         1.54 7.02%                      0.77 3.50%
Transportation Charges          6.00 27.36%                      2.96 13.50%
One Liter Petrol Price with Tax     51.90               37.06
Total Tax     29.97 137%             15.13 69%
This will be the price of petrol when crude oil is $130 per barrel. Just Think What government can do for us… but who cares… all politicians are making money… they do not take care of ourselvs… 

Category: Business | Permalink