Oil and Gas Regulatory Authority (OGRA) has put in place a petroleum levy on Liquefied Petroleum Gas (LPG) shifting the burden of increase in gas price by Rs 5 per kilogram onto consumers.
Per a private TV channel, OGRA had imposed the levy at the rate of Rs11.50 last year, which was challenged by the LPG marketing companies in Lahore High Court (LHC). The court had suspended implementation of the notification on this count but OGRA has now introduced a new formula after a lapse of 8 months under which petroleum levy at the rate of Rs 3500 per tone has been enforced on LPG from February 1st. The consumers will have to bear the brunt of this levy as the gas will now cost them at an increase of Rs 5 per kilogram.
The LPG marketing companies have said they will challenge the SRO again in the court, as it is unjust and unfair.
OGRA slaps petroleum levy on LPG
