LPG rates in India

LPG rates in India

LPG is the abbreviation which denotes the Liquid petroleum gas which is a combination of certain hydro carbon gases. It is being used as fuel in certain kinds of heating appliances and vehicles. According to the news published during the January month of 2009, the LPG rates in India have been raised for about three times in just a single month.

The LPG rates in India for a domestic cylinder have been increased to about sixty rupees and for a commercial cylinder it has been increased to about two hundred and forty rupees. It was said that the LPG rates in India is actually larger when compared to the actual specification mentioned by the OGRA. Thus, the rate was just called as unjustified and has been recommended for necessary action.

Few years back, there were lots of confusions which prevailed among many number of consumers regarding the revised LPG rates in India. This confusion has been raised because in various localities of Patna city, the modified LPG rate which is 270.87 was not actually informed properly to all the officials. Hence, when the consumers bought it for Rs.300, there roused certain confusions.

Recently, a new system of Smart card scheme has been introduced for paying the LPG rates in India. According to this scheme, there is no requirement for the high income tax payers to pay a large amount for using the cooking gas. Under this scheme the Permanent Account Number of the user is actually linked to the LPG connection.

For this smart card system, one of the very important things is the PAN number. Even though this scheme has been introduced, the LPG rates in India for such consumers continue to be at the same rate for certain period of time. This is because the basic purpose of this scheme is to check for the deviation in the usage of the LPG for other non-domestic purpose such as auto fuel.