New Delhi, November 29
The government on Monday informed that 47.4 lakh of 14.2 kg and 2.9 lakh of 19 kg LPG cylinders were consumed per day respectively during April to September this year.
According to a press statement from Ministry of Petroleum and Natural Gas, Revenue from domestic as well as non-domestic LPG cylinders varies from month to month as the retail selling prices are notified by OMCs on the prices of the product in the international oil market and exchange rate of currencies. However, the Government levies 5 % GST on domestic LPG and 18 % on non-domestic LPG.
Subsidy on domestic LPG varies from market to market and the applicable subsidy is transferred directly to the bank account of beneficiary upon purchase of refill at non-subsidised price. The subsidy burden is borne by the Government.
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