Central Government grossed Rs 1.5 lakh crore in 8 months from petroleum product

Central Government grossed Rs 1.5 lakh crore in 8 months from petroleum products

Statistics show that the Central Government has earned a total income of Rs 1,50,019,23 crore during the eight months of this financial year ie April, 2017 to November, 2017.

New Delhi: There is a steady decline in prices of crude oil in the world, but prices of petroleum products are increasing in India. With this, the consumer's pocket is getting empty and the government is filling the treasury. In the last eight months, the government has earned Rs 150,000 crore from tax on petroleum products.

Whatever Rs fifty lakh crore in eight months
Dayrektroret General of Systems and Data Management shows the data provided by the central government to total 150,019 during the fiscal year of eight months, ie April 2017 November 2017 , Income of 23 crores has been made. It was the central excise and income 1,43,896.64 crore and customs duty (import) is Rs 6123.10 crore.

Chandrasekhar Gaur, resident and social worker of Nimach district of Madhya Pradesh, wanted to know under the Right to Information from the Directorate General of Systems and Data Management that how much revenue has been received from petroleum products in the first nine months of the financial year 2017-18. . Provide the month-wise details of these nine months. They got the details of eight months.

According to the details given to Gaur in the highest revenue received in May, the central government received the highest revenue of Rs 20,260 crore in the form of Central Excise Duty in May, while the highest custom duty in June was Rs 1883 crore Received. At the same time, the Central Excise Duty has received Rs 16,952 crore in November and customs duty of Rs 371 crore was received in the month of April.

Gauda, given the information of two codes, had sought the details of the revenue generated by the Central Government through all the class petroleum items in nine months, but he has provided only information of two codes (category) CTH 2710 and 2711 of revenue.

Gaur told IANS that he had sought details of the revenue generated from petroleum products of all categories, but he has been provided only two codes. Gaud has also demanded from the central government that petroleum products should be brought under the category of GST, so that the common man can get some relief from inflation.