https://www.taxtmi.com/news?id=4370 Under-recovery on High Speed Diesel declined to Rs 9.28 per litre effective 16 December 2012 while Domestic LPG and PDS Kerosene under-recoveries remained unchanged at Rs 520.50 per cylinder and Rs 30.93 per litre; an additional government subsidy is provided for PDS Kerosene and Domestic LPG. OMCs were incurring about Rs 411 crore daily under-recovery on Diesel, PDS Kerosene and Domestic LPG, and product-wise cumulative under-recoveries for April-September 2012 are tabulated to show fiscal exposure. The release also records fortnightly international crude prices and exchange rates as drivers of these under-recoveries. en-us Wed, 19 Dec 2012 17:33:12 +0530 Wed, 19 Dec 2012 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4370 Under-recovery on High Speed Diesel declined to Rs 9.28 per litre effective 16 December 2012 while Domestic LPG and PDS Kerosene under-recoveries remained unchanged at Rs 520.50 per cylinder and Rs 30.93 per litre; an additional government subsidy is provided for PDS Kerosene and Domestic LPG. OMCs were incurring about Rs 411 crore daily under-recovery on Diesel, PDS Kerosene and Domestic LPG, and product-wise cumulative under-recoveries for April-September 2012 are tabulated to show fiscal exposure. The release also records fortnightly international crude prices and exchange rates as drivers of these under-recoveries. News - Wed, 19 Dec 2012 17:33:12 +0530 https://www.taxtmi.com/news?id=4370