SC insists CNG prices should remain same until new formula prepared

SC orders respondents to prepare new formula which prioritises consumer's benefits, adjourns hearing till December 5.


Web Desk November 19, 2012

ISLAMABAD: The Supreme Court, while hearing a case regarding CNG prices on Monday insisted that the price should remain the same – Rs54.16/kg for region II– and ruled that the new formula of basing CNG prices on the price of petrol prepared will have to prioritise consumer’s benefit, Express News reported.

The Oil and Gas Regulatory Authority (Ogra) on Saturday had proposed a hike in CNG prices of up to Rs13/kg to keep CNG stations operating in the country.

The Supreme Court said that all respondents in the case should sit together and come up with a new formula for pricing the CNG and adjourned the hearing till December 05, 2012.

In its orders issued on October 25, the Supreme Court directed CNG prices to be cut after declaring the mechanism of basing CNG prices on the price of petrol as illegal.

According to the break-up of the current CNG prices, the government’s tax share in Region-1 is Rs35.89 per kg, which breaks down into Rs11.57 per kg of cross subsidy, Rs7.77 per kg sales tax at a rate of 25%, Rs13.24 per kg for Gas Infrastructure Development Cess (GIDC) and a sales tax on GIDC at a rate of 25%, amounting to Rs3.31 per kg.

COMMENTS (17)

Iftikhar Khan | 11 years ago | Reply

@Magnanimity: Courts should 'punish' the prosecutor and with punish I mean punish as in giving him jail sentence as per law not just criticize him (and courts don't even criticize or demand the prosecutor by the way) if the govt and prosecution fail to present a valid case. But our courts find reasons to throw out cases against all violent criminals and terrorists by closing their eyes on the account of 'lack of evidence' without doing anything else which basically means that they are saying that every thing is fine in the country and there is no terrorism and everything that was presented was fictitious. Do you honestly believe that of all the umpteen cases that has been presented to courts in last decade especially and last 3 decades generaly were fictitous and they could not handed out any conviction to any terrorist? In the end law enforcemet with all their faults and limitations have to do operations and extra judicial acts.

I have absolutely no sympathy for 'NRO' Govt or any other political party, and I understand that courts or any other institution cannot wave a magic wand but if they (court in this case)

Iftikhar Khan | 11 years ago | Reply

@Magnanimity: Courts should 'punish' the prosecutor and with punish I mean punish as in giving him jail sentence as per law not just criticize him (and courts don't even criticize or demand the prosecutor by the way) if the govt and prosecution fail to present a valid case. But our courts find reasons to throw out cases against all violent criminals and terrorists by closing their eyes on the account of 'lack of evidence' without doing anything else which basically means that they are saying that every thing is fine in the country and there is no terrorism and everything that was presented was fictitious. Do you honestly believe that of all the umpteen cases that has been presented to courts in last decade especially and last 3 decades generaly were fictitous and they could not handed out any conviction to any terrorist? In the end law enforcemet with all their faults and limitations have to do operations and extra judicial acts.

I have absolutely no sympathy for 'NRO' Govt or any other political party, and I understand that courts or any other institution cannot wave a magic wand but if they (court in this case) show some effort in the highest priority (terrorism) then they will find people of pakistan to be very greatful. They already experienced that when people saw a glimpse of hope during judicial movement. Key is working on highest priority and not doing easy and selective activism. Sincerely.

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