September 01, 2023 (MLN): The price of Liquefied Petroleum Gas (LPG) has been raised by Rs38.97 per kg, the latest notification issued by the Oil and Gas Regulatory Authority (OGRA) showed.
The new prices will come into effect from September 01, 2023.
As per the notification, the previous price was approximately Rs159.86 per kg, the new rate will now stand at Rs198.83 per kg.
Moreover, for an 11.8 kg LPG cylinder, the cost has been revised to Rs2,346.15, representing a significant increase from the previous price of Rs1,886.30, resulting in an increase of Rs459.85 per cylinder.
Notified LPG Producer prices | |||
---|---|---|---|
Month | Rs / Ton | Rs/kg | Rs /11.8 kg Minder |
September 2023 | 198,826.33 | 198.83 | 2,346.15 |
August 2023 | 135,999.45 | 135.99 | 1,604.79 |
Increase / (Decrease) | 38,970.54 | 38.97 | 459.85 |
Notified LPG Consumer prices | |||
Month | Rs / Ton | Rs/kg | Cylinder |
September 2023 | 240,126.33 | 240.13 | 2,833.49 |
August 2023 | 201,155.79 | 201.16 | 2,373.64 |
Increase / (Decrease) | 38,970.54 | 38.97 | 459.85 |
Price Break-up
Description | Rs / Metric Ton (M.Ton) | Rs /11.8 Kg Cylinder | |
---|---|---|---|
LPG PRODUCER PRICE | (1) Producers' Price (including excise Duty of Rs85/M.Ton) (Excluding Petroleum levy) Propane 40% and Butane 60% |
163,827.89 |
1,933.17 |
(ii) Petroleum levy |
4,669.00 |
55.09 |
|
(iii) (i+ii) |
168,496.89 |
1,988.26 |
|
(iv) 18% GST of (iii) |
30,329.44 |
357.89 |
|
(v) Maximum Producer Price with GST (iii+iv) |
198,826.33 |
2,346.15 |
|
LPG CONSUMER PRICE | (i) Producer Price with GST |
198,826.33 |
2,346.15 |
(ii) Marketing Margin, Distribution Margin and Transportation: Component-wise Breakup: Marketing Margin: Rs17,000 /M.Ton Distribution Margin: Rs10,000/M.Ton Transportation: Rs8,000 /M.Ton |
35,000 |
413.00 |
|
(iii) 18% GST of (ii) |
6,300 |
74.34 |
|
(iv) Maximum LPG consumer price |
240,126.33 |
2,833.49 |
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Posted on:2023-09-01T17:49:42+05:00
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