Secretary Petroleum, Dr Waqar Masood informed the court that the Cabinet committee would decide on the price of CNG within two weeks once the audit of filling stations would be complete and that there was no reason for deciding the price before the audit process is completed.
An official of the Federal Bureau of Revenue (FBR) submitted before the court, the tax records of CNG station owners for the past three years.
According to the details the amount collected as tax from CNG stations between 2009 to 2011 amounted to Rs 4.09 billion.
More over an Oil and gas Regulatory Authority (Ogra) official submitted a detailed reply on the information sought by the apex court a day earlier concerning the issuance of license by the regulatory authority.
According to the details submitted, 6,471 applications were received by Ogra for the issuance of CNG station license between 2002 and 2011, out of which 6,152 applicants were issued licenses, whereas 380 show-cause notices and 131 warning notices were issued during the same period.