According to data from the Birgunj Customs Office, fuel imports increased by Rs 35.53 billion (about 20 percent) in one year.
We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
The country's major petroleum import point Birgunj has exported Rs 29.93 billion from fuel imports till mid-Jeshta of the current fiscal year. This huge amount has been exported from the import of fuels like diesel, petrol, LPG gas, aviation fuel, kerosene.
The amount was Rs 174.40 billion in the same period of the last fiscal year. Birgunj Customs Office data shows that fuel imports have increased by Rs 35.53 billion (about 20 percent) in one year.
Along with the import value of fuel, the government's revenue has also increased. Till Jestha of the current fiscal year, Rs 73.72 billion in revenue has been collected from petroleum products, while Rs 73.21 billion was collected in the same period of the last fiscal year. That is, more than Rs 410 million in revenue has been collected in the current fiscal year.
However, the quantity of diesel, which is the most imported, has decreased. In the current fiscal year, 985,202 kiloliters of diesel worth Rs 116.74 billion have been imported. This has generated revenue of Rs 40.93 billion.
In the same period of the previous fiscal year, 1033,813 kiloliters of diesel worth Rs 89.82 billion were imported. This generated revenue of Rs 41.04 billion. In this way, comparatively, even though the import volume of diesel has decreased, the import value and revenue have increased.
Imports of petrol have increased in all three indicators, volume, price and revenue. In the current fiscal year, 430,115 kiloliters of petrol worth Rs 41.59 billion have been imported. This has generated revenue of Rs 23.55 billion. In the same period of the previous fiscal year, 413,504 kiloliters of petrol worth Rs 35.34 billion were imported. This generated revenue of Rs 23.39 billion.
Both the volume and value of LPG gas imports have decreased. In the current fiscal year, 259.7 million kg of LPG worth 280.72 billion rupees have been imported. From this, 5.38 billion rupees have been collected as revenue. In the same period of the previous fiscal year, 291.4 million kg of LPG worth 333.35 billion rupees were imported. From which 6.24 billion rupees were collected as revenue.
There has been a significant increase in the import of aviation fuel. In the current fiscal year, 173,911 kiloliters of ATF worth 213.30 billion rupees have been imported. From this, 318.08 billion rupees have been collected as revenue. In the previous fiscal year, only 167,399 kiloliters of ATF worth 930.30 billion rupees were imported. From which 6.24 billion rupees were collected as revenue.
Kerosene imports have decreased sharply. In the current fiscal year, 4,208 kiloliters of kerosene worth Rs 370 million were imported, generating revenue of Rs 110 million. In the same period last fiscal year, 6,730 kiloliters of kerosene worth Rs 600 million were imported, generating revenue of Rs 170 million.
Although the import volume of diesel, LPG and kerosene has decreased, the demand for petrol and aviation fuel, changes in price and tax structure have increased the overall amount of fuel imports and government revenue.
