.. De-novo Report On Commission To Lpg Distributors (july-2012)

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12 Oct 2012
   Oil & GasDownstreamMarketing & DistributionDe-novo Report on Commission to LPG Distributors


For the first time, De Novo study for LPG Distributors Commission was done in 1997 by a Committee of Director (Marketing) of OMCs and ED, OCC. The rates of LPG Distributor Commission has been revised from time to time by escalating the cost elements in the empirical formula based on AICPI & WPI index etc. MoP&NG in July 2009 constituted a Committee of Directors (Marketing) of OMCs and Director, PPAC to examine the issue of Commission for LPG Distributors, de novo, to capture the current day costs/expenses of the LPG distributors including IT initiatives requiring new investments /recurring Costs. After again reviewing the Committee's report submitted in Feb 2011, the Committee submitted the final report to MoP&NG in Aug 2012.......

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