Govt raises petroleum levy on high-speed diesel
MG News | April 17, 2025 at 12:50 PM GMT+05:00
April 17, 2025 (MLN): The federal government increased the Petroleum Levy (PL) on High-Speed Diesel (HSD) by Rs7.01 per litre, said a notification issued by the Finance Division.
With this revision, the PL on HSD has risen from Rs70 to Rs77.01 per litre.
The increase in levy comes despite a decline of Rs6.72 per litre in ex-refinery prices of HSD, following a drop in international oil prices.
Meanwhile, margins for Oil Marketing Companies (OMCs) on HSD remained unchanged at Rs7.87 per litre.
The new levy rate will be applicable from April 16 to April 30, 2025.
To recall, the federal government kept fuel prices unchanged, with petrol at Rs254.63/litre and high-speed diesel at Rs258.64/litre.
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