Under-Recovery on Diesel Effective 01.12.2012 goes past at Rs 10 per litre mark Sharp increase in Under-recovery for December on Domestic LPG, Remains high on PDS Kerosene at Rs 30.93 per Litre OMCs Incurring Daily Under-Recoveries of Rs 420 Crore Crude Oil Price for Indian Basket rises to US$ 109.51 per barrel on 30.11.2012 https://www.taxtmi.com/news?id=4169 Under-recovery increased effective 01.12.2012: High Speed Diesel Rs 10.03 per litre, Domestic LPG Rs 520.50 per cylinder, and PDS Kerosene Rs 30.93 per litre; specified government subsidies on PDS Kerosene and Domestic LPG are provided and under-recoveries are computed monthly. OMCs incurred an estimated daily under-recovery of about Rs 420 crore on diesel, PDS kerosene and domestic LPG, with cumulative product-wise under-recovery totals reported for April-September 2012 and international crude and exchange rate movements informing the calculations. en-us Mon, 03 Dec 2012 17:46:29 +0530 Mon, 03 Dec 2012 17:46:29 +0530 TaxTMI RSS Generator Under-Recovery on Diesel Effective 01.12.2012 goes past at Rs 10 per litre mark Sharp increase in Under-recovery for December on Domestic LPG, Remains high on PDS Kerosene at Rs 30.93 per Litre OMCs Incurring Daily Under-Recoveries of Rs 420 Crore Crude Oil Price for Indian Basket rises to US$ 109.51 per barrel on 30.11.2012 https://www.taxtmi.com/news?id=4169 Under-recovery increased effective 01.12.2012: High Speed Diesel Rs 10.03 per litre, Domestic LPG Rs 520.50 per cylinder, and PDS Kerosene Rs 30.93 per litre; specified government subsidies on PDS Kerosene and Domestic LPG are provided and under-recoveries are computed monthly. OMCs incurred an estimated daily under-recovery of about Rs 420 crore on diesel, PDS kerosene and domestic LPG, with cumulative product-wise under-recovery totals reported for April-September 2012 and international crude and exchange rate movements informing the calculations. News - Mon, 03 Dec 2012 17:46:29 +0530 https://www.taxtmi.com/news?id=4169