Kathmandu- A meeting of the Council of Ministers held on Tuesday has agreed to reduce the infrastructure tax on petroleum products.
The Ministry of Finance has been given the responsibility to reduce the tax levied at the customs point. So far no decision has been made on which tax will be reduced.
At present, an infrastructure tax of Rs 10 is being levied on petrol. A Home Ministry source said that the government is doing homework to remove it.
Petroleum products are subject to customs and declaration fees, road maintenance charges, pollution charges, infrastructure taxes, and money going to the price stabilization fund.
Adding all these taxes and fees, Rs 63.34 per liter of petrol (Rs 180) goes to the government account.
