Section 3A: Contributions on petroleum products
This section is inserted by Finance Act 2018, section 14.
consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3A. Contributions on petroleum products
(1) The Minister shall, in fixing the price of a
petroleum product, take into account any contribution levied
under subsection (2) and any tax, duty, levy or charge levied
under this Act or under any other enactment.
(2) The following contributions shall be levied on a
petroleum product –
(a) Contribution to Road Development
Authority;
(b) Contribution to Rodrigues Transportation
and Storage;
(c) Contribution to the Construction of Storage
Facilities for Petroleum Products; and
Acts 2018 267
(d) Contribution to Subsidy on Liquefied
Petroleum Gas (LPG), Flour and Rice.
(3) The contributions referred to in subsection (2)
shall be collected by the State Trading Corporation at the rates
specified in the Fourth Schedule and paid into the Reserve Fund.
(4) In this section –
“Reserve Fund” means the Reserve Fund referred
to in section 18 of the State Trading Corporation
Act;
“State Trading Corporation” means the State
Trading Corporation established under section 3
of the State Trading Corporation Act.
(c) in section 35 (3), by deleting the words “the Schedules” and
replacing them by the words “any of the Schedules”;
(d) by adding the following new Schedule –
FOURTH SCHEDULE
[Section 3A]
CONTRIBUTIONS ON PETROLEUM PRODUCTS
Mogas Gas Oil
Per litre Per litre
(Rs) (Rs)