Fuel prices surge: here’s how much tax you pay per litre


Pakistan expected to further cut fuel prices as global oil rates fall
The government said the adjustment was made to maintain existing prices of petroleum products, preventing any additional financial burden on consumers despite the increase in the climate levy: FILE PHOTO

Fresh details have revealed the significant tax burden included in fuel prices across Pakistan, with a large portion of petrol and diesel costs attributed to government levies and duties.

According to sources in the Ministry of Energy, approximately 32 per cent of the price of petrol consists of taxes, amounting to Rs 129.72 per litre. This includes Rs 23.72 in customs duty, Rs 103.50 in petroleum levy, and Rs 2.50 under a climate support levy.

For high-speed diesel, taxes make up around 21 per cent of the total price, translating to Rs 82.81 per litre. The tax structure includes Rs 51.62 in customs duty, Rs 28.69 in levy, and Rs 2.50 in climate-related charges.

Meanwhile, the Oil and Gas Regulatory Authority (OGRA) has announced further changes in fuel prices. Light diesel has been increased by Rs 17.30 per litre, taking its new price to Rs 287.54. In contrast, kerosene prices have been reduced by Rs 4.45 per litre, bringing the new rate to Rs 360.76.

The latest adjustments come a day after the government raised petrol and high-speed diesel prices, adding further pressure on consumers already facing rising living costs.

You May Also Like