Hidden Truth behind Petrol price !!!
There are some surveys proving that blaming the government for the fuel price rise is not political. Today’s rate for Patrol in Kochi was 82.80 INR. From this, both State and Central Government will receive 46.09 as tax amount.
That means half of the total fuel price is failing for both Central and State Governments. If they willing to trim down the tax amount its easy to low down the fuel price. Central Tax is 19.48, Entry Tax/ Production Tax/Transportation Tax is 3.45, Dealer commission is 3.00, State VAT is 18.97, Extra Tax is 1.00 and Cess is .19.
Similar method is following for diesel also. Today’s rate for diesel in Kochi is 76.80 INR, More than half of the MRP will go as tax. 40.09 is the total tax taken by State and Central Government. Central Tax is 15.33, Entry Tax/ Production Tax/Transportation Tax is 7.14, Dealer commission is 2.00, State VAT is 15.48, Extra Tax is 1.00 and Cess is .14.