HP GAS, The HPCL brand of Liquified Petroleum Gas (LPG), popularly known as cooking gas, is a mixture of hydrocarbons which are gaseous at normal temperature, but can be liquified at moderate pressure, and can be stored in cylinders as a liquid under pressure, and is drawn out and used as gas


Price Build-up of Domestic Subsidized LPG of the Hindustan Petroleum


Elements Unit Effective1st March14
FOB Price at Arab Gulf of LPG $/MT 970.26
Add: Ocean Freight from AG to Indian Ports $/MT 46.36
C&F (Cost & Freight) Price $/MT 1,016.62
OR r/Cylinder 899.37
Import Charges (Insurance/Ocean Loss/ LC Charge/Port Dues) r/Cylinder 7.06
Basic Customs Duty r/ Cylinder 0.00
Import Parity Price (Sum of 3 to 5) r/Cylinder 906.43
Refinery Transfer Price (RTP) for Domestic LPG
(Price Paid by the Oil Marketing Companies to Refineries)
r/Cylinder 906.43
Add : Inland Freight, Delivery Charges etc. r/Cylinde 38.79
Add : Marketing Cost of OMCs r/Cylinder 10.52
Add : Marketing Margin of OMCs r/Cylinder 7.35
Add : Bottling Charges (Filling and Cylinder Cost) r/Cylinder 38.68
Total Desired Price (Sum of 7 to 11)
-Before Excise Duty, VAT and Distributor Commission
r/Cylinder 1,001.78
Less : Subsidy by Central Government r/Cylinder 22.58
Less: Under-recovery to Oil Marketing Companies r/Cylinder 605.80
Price Charged to Distributor (Bottling Plant Price) (12-13-14)
- Excluding Excise Duty & VAT
r/Cylinder 373.41
Add : Excise Duty (Including Education Cess) r/Cylinder 0.00
Add : Distributor Commission
Establishment Charges- R 24.24/cylinder; and
Delivery Charges - R 16.47/cylinder
r/Cylinder 40.71
Add : VAT(including VAT on Distributor Commission) applicable for Delhi r/Cylinder 0.00
Retail Selling Price (Sum of 15 to 18) r/Cylinder 414.12
Retail Selling Price at Delhi (Rounded Off) r/Cylinde r 414.00
Under Recovery due to Rounding Down r/Cylinder 0.12