Report of the committee on pricing and taxation of petroleum products
Submitted by sheeja on Wed, 2006-02-01 23:58
With the declared objective of moving towards market determined prices for petroleum products, Government announced the dismantling of the Administered Pricing Mechanism (APM) effective 1.4.2002. However, it was decided to continue to subsidize PDS kerosene and domestic LPG on the ground that these were fuels of mass consumption largely consumed by
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Publication Date:
01/02/2006