Govt bans duty on LPG cylinders
22 Sep 2012 11:27 PM GMT
In marginal relief to consumers, the government on Friday abolished import and excise duties on LPG cylinders they buy beyond the 6 per annum quota of subsidised cooking gas, and asked state governments to subsidise the requirements of households at their level.
The government had last week restricted supply of subsidised cooking gas to 6 per household in a year. Any requirement beyond this was to be purchased at market price, which currently works out to Rs 895 per 14.2 kg cylinder. After the abolishing of 5 per cent customs duty and 8 per cent excise duty, the consumer price in Delhi would come to Rs 798. LPGin Delhi is currently sold at Rs 399 a cylinder.
The government had last week restricted supply of subsidised cooking gas to 6 per household in a year. Any requirement beyond this was to be purchased at market price, which currently works out to Rs 895 per 14.2 kg cylinder. After the abolishing of 5 per cent customs duty and 8 per cent excise duty, the consumer price in Delhi would come to Rs 798. LPGin Delhi is currently sold at Rs 399 a cylinder.
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