Components of the FPF

MRP= V₁+V₂+V₃+V₄+V₅+V₆+V₇

V_{1 =} Landed Cost Per Liter in Rs

V_{2 =} Processing Cost Per Liter in Rs

V_{3 =} Stockholding Cost Per Liter in Rs

V_{4 =} Taxation Per Liter in Rs

V_{5 =} Other Cost 2% of total cost per liter exclusive taxes & dealer margin. This is to cover up administrative expenses, personnel cost, operational cost and other cost elements and depreciation.

V_{6 =} Profit Margin - 4% of total cost per liter

V_{7 =} Cost Saving from the Refinery Production Per Liter in Rs

2023 ESTIMATED PRICING OF IMPORTED REFINED PETROLEUM PRODUCTS Sep 2023 - IMPORT PRICES (Subject to available data up to today) IN LAST MONTH (01.09-30.09)

2023 ESTIMATED PRICING OF IMPORTED REFINED PETROLEUM PRODUCTS Sep 2023 - IMPORT PRICES (Subject to available data up to today) IN LAST MONTH (01.10-31.10)