oil marketing companies (omcs)
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OMCs Discount Refining Costs to Offset Fuel Price Controls
New Delhi, April 5 In a move unprecedented since the deregulation of fuel prices, Indian state-owned oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF), and kerosene, aiming to limit mounting losses resulting from a self-imposed freeze...- Himanshu
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- aviation turbine fuel (atf) cpcl crude oil prices diesel prices fuel discount fuel losses hmel import parity price (ipp) independent refineries indian oil marketing companies kerosene prices mrpl oil marketing companies (omcs) petrol prices petroleum pricing refinery transfer price (rtp) trade parity pricing (tpp)
- Replies: 0
- Forum: Business
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India's Fuel Taxes: SEZ Export Duty Clarity Critical for Reliance
India’s Fuel Duty Overhaul: Impact on Reliance SEZ Exports and Refining Margins Uncertainty Over SEZ Export Tax Following India’s fuel duty changes effective March 26, significant uncertainty remains regarding whether Reliance Industries’ SEZ refinery exports will continue to enjoy exemptions...- Himanshu
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- atf (aviation turbine fuel) crude oil prices diesel energy sector excise duty export taxes government revenue india fuel duty new delhi oil marketing companies (omcs) product cracks refining margins reliance industries sez refinery special additional excise duty (saed)
- Replies: 0
- Forum: Business
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Excise Duty Reduced, Exports Taxed: India's Strategy for Fuel Costs
New Delhi, March 27 – The government has cut excise duty on petrol and diesel by ₹10 per litre, shielding consumers from a price hike amid soaring global oil rates.Excise on petrol has been reduced from ₹13 to ₹3 per litre, and on diesel from ₹10 to nil, leading to an estimated annual revenue...- Himanshu
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- aviation turbine fuel (atf) export duty diesel export duty diesel price excise duty reduction export duty fuel prices india international crude oil prices middle east conflict nirmala sitharaman oil marketing companies (omcs) oil prices ongc petrol price revenue loss
- Replies: 0
- Forum: Business