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Monday, June 1, 2015

Non-subsidised cooking gas (LPG) price increased by Rs 10.50 per cylinder Monday June 01,2015

 Non-domestic LPG, will now cost Rs 626.50 as against Rs 616 per 14.2-kg cylinder (Representational Image)
Non-domestic LPG, will now cost Rs 626.50 as against Rs 616 per 14.2-kg cylinder

The price hike comes on the back of Rs 5 per 14.2-kg cut in rates effected from May 1. Non-domestic LPG, which consumers buy after exhausting their quota of 12 bottles of 14.2-kg each at subsidised rates, will cost Rs 626.50 as against Rs 616 per 14.2-kg cylinder.

Households are entitled to 12 cylinders of 14.2-kg each or 34 bottles of 5-kg each at subsidised rates of Rs 417 or Rs 155, respectively in Delhi. Any requirement beyond this has to be bought at the market price.

While the market priced or non-subsidised 14.2-kg cylinder will cost Rs 626.50 from today, the in 5-kg pack will cost Rs 318.50. Following similar trends, rates of market-priced 19 kg LPG cylinder has been hiked to Rs 1,151 per bottle from Rs 1,134. Rates vary from state-to-state depending on the incidence of local sales tax or VAT.

Note
State-owned fuel retailers, Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (HPCL) revise jet fuel and non-subsidised LPG prices on the first of every month based on average imported cost and rupee-dollar exchange rate.
The same on petrol and diesel is done on a fortnightly basis.

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