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Rs, CNG
CNG price may go up by Rs 4-6 on input supply cut, excise duty cut to ease situation
One of the options is for the government to cut excise duty on CNG. Currently, the central government levies a 14 per cent excise duty on CNG, which translates into Rs 14-15 per kg. If this is cut, the retailers will not have to pass on the increased cost to consumers, they said.
CNG Prices Likely To Rise by Rs 4-6 Amid Supply Cuts: Report
Natural gas extracted from various sites across India, including the Arabian Sea and the Bay of Bengal, is the primary raw material for producing CNG and piped cooking gas for households
CNG prices may go up by Rs 6 as government cuts input supply to city gas retailers: Report
In order to mitigate price impact, the government may opt for a cut in excise duty on CNG. Currently, the central government levies a 14% excise duty on CNG, which translates into Rs 14-15 per kg.
CNG price may go up ₹4-6 on input supply cut, excise duty cut to ease situation
Natural gas pumped from below the ground and from under the seabed from sites ranging from the Arabian Sea to Bay of Bengal within India is the raw material that is turned into CNG for sale to automobiles and piped cooking gas to households.
CNG price may go up on input supply cut
The government has slashed by up to 20 per cent the supplies of cheaper domestically produced natural gas to city retailers -- a move that may result in Rs 4-6 per kg hike in the price of CNG sold to automobiles,
CNG price may rise ₹4-6 on input supply cuts to gas retailers
Government cuts domestic gas supplies to city retailers, leading to potential CNG price hike unless excise duty is reduced.
CNG price may increase ₹4-6 on input supply cut, excise duty cut to ease situation
CNG price hike is also a political issue since Maharashtra goes to the polls next month and elections are also due in Delhi soon.
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Nigerians React As CNG Tank Explodes at Filling Station in Edo, Video Trends
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