As fuel prices surge AIPDA president assures no billing/display issues at petrol pumps

Petrol and Diesel prices have increased for 12th consecutive day. In many states including Rajasthan and Mhya Presh, petrol and diesel prices have reached near Rs 100 per litre. In some places, fuel prices have gone beyond Rs 100. Petrol has become expensive by Rs 1.80 and diesel by 1.88 rupees in last few days. Fuel prices hike has raised concerns about wher dealers stuck with old pumps would be able to display or charge customers with three-digit values.

branded or ditive-laced petrol, which attracts higher taxes, h crossed Rs 100-mark in some places and created difficulty for small petrol pump dealers. At most petrol-diesel pumps in country, 4 digits have been given in dispensing machines. w, when price is more than Rs 100, this number has reached 5 digits. In such a situation, dispensing machine at some petrol pump is t taking entry of more than Rs 99. Although 5 digit dispensing machines have been installed in many places. But, 4 digit machines are still in work in small cities and towns.

Also Re: Fuel Price Rises For 11th Consecutive Day, Petrol Crosses Rs 90-mark In Delhi

Also Re: Congress Demands Reduction In Excise Duty On Petrol & Diesel Amid Steep Rise In Fuel Price

What AIPDA  president explains?

All India Petroleum Dealers Association (AIPDA) president Ajay Bansal has said, "This is a very small issue. Most of pumps in country today are digital and re is such concern with m at all. In some cases where old pumps are in operation, new rates can be easily displayed and communicated with stickers. re are three separate displays on pump for current price per litre, quantity of fuel being filled and overall cost which customer needs to pay. third display was anyway capable of four digits so it does t make any difference." Ajay Bansal furr ded, " government has turned us into tax collectors when we are actually only sellers of petrol and diesel. We face anger of consumers every day as government does t get to face m, but we do. Also, we do t get any ditional revenue from it as our dealer margins are static and t valorem. Inste, our costs go up as some oil always evaporates in business and more expensive it gets, greater is that cost for us." [Sic.]

Petrol prices in Rajasthan

Rajasthan has highest VAT rates on petroleum resources. Due to this effect, petrol in Ganganagar has reached 99.29 per litre and diesel at Rs 91.17 per litre. Petrol in Mhya Presh's capital Bhopal reached Rs 99.82 per litre, however, ordinary petrol Rs 96.69 per litre and diesel prices reached Rs 87.20 per litre. In Delhi, petrol has reached 88.73 and diesel at 79.06 per litre. premium petrol in Delhi is priced at Rs 91.56 and premium diesel at Rs 82.35 per litre.

Petroleum companies on Sunday me petrol costlier by 29 paisa and diesel by 32 paise per liter. With that, retail prices of fuels have reached a new record level, including state-level taxes. Earlier this week, Oil Minister Dharmendra Prhan Singh, on rising fuel prices, said, "I am sorry to say oil-rich countries are t looking into interest of consuming countries. y created an artificial price mechanism. This is pinching consuming countries."

Also Re: Congress' Kamal Nath Calls For Nationwide Bandh On Feb 20 Over Soaring Fuel Prices

Also Re: Fuel Price Hike, Actors' Tweets: Patole, Fnavis Tre Barbs

billing issues at petrol pumps after fuel prices reach 3-digit value