An autonomous research institute under the Ministry of Finance

 

Rationalising Taxation of Petroleum Products

Publication date

  • जन, 2008
  • Details

    Report submitted to the Thirteenth Finance Commission

    Authors

    Nirmal Singh, Subrata Mandal

    Abstract

    The report estimates (a) tax collection from petroleum products and natural gas by the central and state governments; and (b) subsidies on individual petroleum products. Petroleum products considered in the study include motor spirit; high speed diesel; aviation turbine fuel; superior kerosene oil; liquefied petroleum gas; naphtha; bitumen; compressed natural gas; and liquefied natural gas. The study explicitly examines the tax structure and projects future revenues from taxation of petroleum products and natural gas by the central government and state governments for the year’s upto 2011-12.

    Notes

    None
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