Yes, the matter which was tabled & discussed, and in our forum too, has now surfaced in newsprints. Like I have stated elsewhere (briefly)….
- Diesel consumption for Industrial use (other than Railways & Road Transports) may have to pay non-subsidised price (almost in line with the price of Petrol).
- Big Diesel cars may attract 25% cess (price of the car).
If this comes through, it will affect ‘new buyers’ of big diesel cars. The definition of big diesel car, if we go by the term presently defined for levying excise duty, would be those diesel cars that have more than 1.5 litre engine & 4000 mm length.
Therefore, it can be construed at this point of time that even if the dual pricing is implemented, the price of diesel will continue to be lower than Petrol, like it presently is (even for big cars). The only concern is for those who will have to pay higher price for big diesel cars (one-time).
However, it will obviously affect cost of various products & commodities used by one & all due to rise in the industrial cost of transportation (a different issue all together).
Honesty is not a Spare Wheel that you pull out when in trouble. It's a Steering Wheel that keeps you on the right path throughout the life's journey.
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