Taxes You Pay On Fuel As EPRA Retains The Prices

By Juma / Published April 15, 2021 | 9:29 am




KEY POINTS

Super Petrol lands in Kenya at 53.99 shillings per liter. Diesel arrives at the Port of Mombasa at 48.95 shillings per liter while Kerosene arrives in Kenya at 46.23 shillings per liter.


Fuel Prices

At last, for the first time, the Energy Petroleum and Regulatory Authority (EPRA) has retained the price of Super Petrol, Diesel, and Kerosene same as it was a month ago. This was after an outcry from Kenyans who felt the heat of high prices.

There were rumors that EPRA was set to increase the price of fuel above the current higher prices. There were also reports that the International Monetary Fund (IMF) had piled pressure on the National Treasury to double VAT on petroleum products.

“In the period under review, the price of Super Petrol, Diesel, and Kerosene remain unchanged from the March 2021 pump prices,” said EPRA in a statement to the media.

EPRA retained the prices despite a rise in the average landed costs. The average landed costs of Super Petrol increased by 9.27 percent from 449.82 US dollars per cubic meter in February 2021 to 491.50 US dollars per cubic meter.

The average landed cost of Diesel rose by 4.77 percent to 444.17 US dollars per cubic meter while that of Kerosene increased by 7.29 percent to 421.90 US dollars per cubic meter.

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Despite the fact that EPRA has retained the prices of the fuel, the prices are still the highest as compared to other East African countries such as Uganda and Tanzania. This has been occasioned by the high taxes that Kenyans pay on fuel.

Super Petrol lands in Kenya at 53.99 shillings per liter. Diesel arrives at the Port of Mombasa at 48.95 shillings per liter while Kerosene arrives in Kenya at 46.23 shillings per liter.

For every liter of Super Petrol, a Kenyan pays 3.29 shillings for storage and distribution costs, 7.95 shillings in margins, and a whopping 57.58 shillings in taxes, taking the price of a liter of Super Petrol to 122.81 shillings.

For every liter of Diesel that lands at the port of Mombasa at 48.95 shillings, Kenyans pay 3.03 shillings for distribution and storage, 10.08 shillings for margins, and 45.60 shillings in taxes and levies, taking the price of one liter to 107.66 shillings.

For every liter of Kerosene that lands at the Port of Mombasa at 46.23 shillings, Kenyans are paying 3 shillings for distribution and storage, 8.89 shillings for margins, and 39.73 shillings as taxes, taking the price to 97.85 shillings.

Those in Nairobi, a liter of Super Petrol will go for 122.81 shillings. Those consuming Diesel are parting with 107.66 shillings while Kerosene users will part with 97.85 shillings.

Those in Mombasa the price for petrol, diesel, and kerosene has been adjusted to 120.41, 105.27, and 95.46 shillings respectively. Kisumu motorists will pay 123.36, 108.46, and 98.68 shillings for Petrol, Diesel, and Kerosene respectively.





About Juma

Juma is an enthusiastic journalist who believes that journalism has power to change the world either negatively or positively depending on how one uses it.(020) 528 0222 or Email: info@sokodirectory.com

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