24th January 2015
MORE TAXES THAN THE PRICE
A leading newspaper in Malayalam has reported today that the governments (Centre and State) are taking more money from us than the actual price of Petrol and Diesel. Not only in Kerala, almost in all the states in India.
For Kochi, in Kerala;
for PETROL per Litre
Oil company price Rs 28.71
Excise Duty Rs 17.46
Free Delivery Zone charge Rs 00.17
Sales Tax + Cess Rs 14.00
Commission for the dealer Rs 02.04
YOU PAY Rs. 62.38
In the international market, the price of crude oil has come down drastically. But, the people are not benefitted by it. Because, the governments in India increase the taxes.
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