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Diesel Price in Pakistan on 15th October 2020

The federal government of Pakistan has increased the prices of petroleum products in the month of September 2020.High-speed Diesel & Light Diesel Price in Pakistan. The government has announced to decrease the prices of petroleum products.

The federal government has reduced the price of diesel while maintaining the price of petrol. The government imposed a levy of Rs 55.04 per liter on petrol, Rs 58.29 per liter on high-speed diesel, Rs 24.73 per liter on kerosene, and Rs 20.56 per liter on light diesel. According to the documents, the purchase price of petrol is Rs 48.93 per liter and at present, the selling price of petrol is fixed at Rs 103.97. The buying price of diesel is Rs 45.77 while the selling price is fixed at Rs 104.06, the buying price of kerosene is Rs 40.56 and the selling price is Rs 65.29, the buying price of light diesel is Rs 42.30 and the sale is Rs 62.86.

According to the notification issued by Peter William Division, the levy on petroleum products has been revised, according to which the levy on petrol has been reduced by Rs 5 per liter, after which the levy on petrol has been reduced from Rs 26.70 to Rs 21.70 per liter. According to the notification, the petroleum levy on high-speed diesel has been reduced by Rs 3.85 per liter, after which the levy has been fixed from Rs 25.73 to Rs 21.88 per liter. The Petroleum levy on light diesel has been reduced by 59 paise per liter, after which the levy has been fixed at Rs 3 to Rs 2, 41 paise per liter. The levy on kerosene was increased by Rs 23 paisa per liter, after which the levy was increased from Rs 6 to Rs 23 paisa per liter. According to the notification, the new rate of petroleum levy will be applicable from September 1.

Diesel Price on 15th October 2020

A notification has been issued to increase the price of petroleum products by Rs 25. The government has issued a notification under which the new prices will be applicable from midnight.

New Petrol Price in Pakistan

The price of kerosene was increased by Rs 25 per liter, after which the price of kerosene was increased from Rs 47.44 and the price of petrol was increased by Rs 25 per liter to Rs 101.11.  The price of diesel has gone up to Rs 101.46 per liter.

Petrol and diesel Price in Pakistan on 1st February 2020

Latest Petrol Price in Pakistan

OGRA sent two proposals to the government regarding the price hike. The first proposal said that petrol should be made more expensive by Rs 3.5 per liter, high-speed diesel by Rs 4.5 per liter. ۔

In the second proposal, it is recommended to increase the price of petrol by Rs 8, diesel by Rs 9 per liter, kerosene by Rs 4, and light diesel by Rs 4.5 per liter. After the approval of the Prime Minister, the new prices will be applicable from September 1. The new prices of petroleum products will be fixed for 15 days.

Levy on high-speed diesel has been increased to Rs 30 per liter, sales tax on high-speed diesel is Rs 15.12 separately, dealer commission of Rs 3 12 paisa per liter on high-speed diesel is applicable, on high-speed diesel OMC margin is being charged at Rs 2.81 and inland freight margin at 96 paise.

According to the notification, diesel has been reduced by Rs 2.40 per liter from October 1. The new price of diesel has been fixed at Rs 104.06 per liter while the price of light diesel oil has been maintained at Rs 62.86 per liter.

According to the announcement, the price of petrol has remained unchanged at Rs 103.97 per liter and the price of kerosene will remain at Rs 65.29 per liter.

Petroleum Product Name Price Per/ Liter
Petrol Rs 103.97
Diesel (high speed) Rs 104.06
Diesel (light speed) Rs 62.86
Kerosene Oil (Mitti ka tail) Rs 65.29

A levy of Rs 27.32 per liter is applicable to the petrol price, sales tax of Rs 15.11 is levied separately while dealer commission of Rs 3.70 per liter is being charged on petrol and the OMC margin of Rs 2.81 per liter is being levied on petrol. The inland freight margin is Rs 3.53 per liter. Customs duty is Rs 2.57 per liter of petrol. Kerosene is taxed at Rs 11.43 per liter and Rs 9.49 per liter. Petroleum levy of Rs 8.44 per liter of light diesel is applicable and sales tax of Rs 9.13 is levied separately.