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PMC panel reduces petrol,diesel octroi by 1 pc

Responding to appeals from political parties and the Pune Petrol Dealers Association,the standing committee of the Pune Municipal Corporation on Tuesday reduced the octroi on petrol and diesel to one per cent.

Written by Express News Service | Pune |
June 29, 2011 3:46:09 am

The decision taken will be implemented after civic general body and state government approval

Responding to appeals from political parties and the Pune Petrol Dealers Association,the standing committee of the Pune Municipal Corporation on Tuesday reduced the octroi on petrol and diesel to one per cent. However,it will be implemented after approval of the civic general body and the state government.

“The standing committee had last week sought opinion of the civic administration on the impact in revenue collection due to decrease in the octroi on petrol and diesel. Since waiving the octroi on petrol and diesel would have led to heavy revenue losses,it was decided to reduce the octroi from two per cent to one per cent,” said standing committee chairperson Ganesh Bidkar.

He said the proposal would now be tabled in the civic general body before being sent to the state government for final approval.

Meanwhile,the Shiv Sena and MNS registered protested at the committee meeting after the ruling alliance decided to cut octroi to one per cent instead of a complete waiver.

Pune Petrol Dealers Association spokesperson Ali Daruwalla said they were happy that the PMC agreed to their demands of reducing the octroi but the dealers want the octroi to be abolished. “Though we are happy that the PMC has agreed to reduce the octroi,we would request them to abolish octroi completely,’’ said Daruwalla.

After reduction of the octroi,the present price of petrol will go down by 65 paise so the new petrol price will be Rs 67.85. Diesel prices will go down by 45 paise and the new diesel price will be Rs 45.33,turbojet goes down by 51 paise and the new price will be Rs 50.46 while power which is down by 71 paise will now cost Rs 70.29.

The dealers feel that if the octroi is abolished,the prices of petrol can come down by 1.30 paise while diesel will reduce by 97 paise.

Pimpri-Chinchwad Mayor Yogesh Behl said they would soon take a decision on cutting octroi on petroleum products in PCMC limits.

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