Reducing the price of refined oil On December 18, the State Council of the People's Republic of China issued the "Circular on Implementation of the Reform of Refined Oil Prices and Taxes and Fees." The notice pointed out that oil prices in the international market have continued to decline recently, and the current favorable timing has been grasped in a timely manner to advance reforms of refined oil prices and taxes, to standardize government charging behavior, to provide a fair social burden, to promote energy conservation and emission reductions, and structural adjustments, and to provide transport infrastructure maintenance according to law. The construction of funds to promote the stable and healthy development of the transportation industry is of great and far-reaching significance.
The State Council has decided to implement the oil product tax reform since January 1, 2009, cancel the highway maintenance fees, waterway maintenance fees, highway transportation management fees, highway passenger and freight surcharges, water transportation management fees, and water transportation that were originally collected outside the refined oil prices. Six charges such as passenger and freight surcharges are gradually and orderly canceled. The toll of the government’s repayment of second-class highways will also be increased. The unit tax for gasoline consumption tax will be increased by 0.8 yuan per litre, which will increase from 0.2 yuan per litre to 1 yuan; diesel consumption tax unit tax increased by 0.7 yuan per liter, that is, from 0.1 yuan per liter to 0.8 yuan; other refined oil consumption tax unit tax correspondingly increased.
At the same time, the State Council decided to improve the mechanism for the formation of refined oil prices to rationalize the price of refined oil products. Domestic product oil prices are indirectly connected with the control of crude oil prices in the international market, and are determined on the basis of crude oil prices in the international market, plus domestic average processing costs, taxes, liquidity costs, and appropriate profits. The adjustment of refined oil prices must reflect the changes in oil prices in the international market and the production costs of enterprises, as well as the relationship between supply and demand in the domestic market. It is necessary to reflect both the degree of scarcity of petroleum resources and the affordability of all aspects of society.
In accordance with the improved mechanism for the formation of refined oil prices, combined with the recent drop in crude oil prices in the international market, the National Development and Reform Commission decided to adjust the ex-factory price of gasoline from RMB 6,480 to RMB 5,580 per tonne from December 19, 2008. , 900 yuan per ton reduction; diesel factory price adjusted from 4,070 yuan per ton to 4,970 yuan, 1100 yuan per ton reduction; aviation kerosene factory price from 7,450 yuan per ton adjusted to 5,050 yuan, 2400 yuan per ton reduction. The adjustment of refined oil prices mentioned above has included the factor of increasing the unit tax for product oil consumption tax. When the reform scheme for refined oil products and taxes was implemented on January 1, 2009, the domestic refined oil price level did not increase.
The State Council has decided to implement the oil product tax reform since January 1, 2009, cancel the highway maintenance fees, waterway maintenance fees, highway transportation management fees, highway passenger and freight surcharges, water transportation management fees, and water transportation that were originally collected outside the refined oil prices. Six charges such as passenger and freight surcharges are gradually and orderly canceled. The toll of the government’s repayment of second-class highways will also be increased. The unit tax for gasoline consumption tax will be increased by 0.8 yuan per litre, which will increase from 0.2 yuan per litre to 1 yuan; diesel consumption tax unit tax increased by 0.7 yuan per liter, that is, from 0.1 yuan per liter to 0.8 yuan; other refined oil consumption tax unit tax correspondingly increased.
At the same time, the State Council decided to improve the mechanism for the formation of refined oil prices to rationalize the price of refined oil products. Domestic product oil prices are indirectly connected with the control of crude oil prices in the international market, and are determined on the basis of crude oil prices in the international market, plus domestic average processing costs, taxes, liquidity costs, and appropriate profits. The adjustment of refined oil prices must reflect the changes in oil prices in the international market and the production costs of enterprises, as well as the relationship between supply and demand in the domestic market. It is necessary to reflect both the degree of scarcity of petroleum resources and the affordability of all aspects of society.
In accordance with the improved mechanism for the formation of refined oil prices, combined with the recent drop in crude oil prices in the international market, the National Development and Reform Commission decided to adjust the ex-factory price of gasoline from RMB 6,480 to RMB 5,580 per tonne from December 19, 2008. , 900 yuan per ton reduction; diesel factory price adjusted from 4,070 yuan per ton to 4,970 yuan, 1100 yuan per ton reduction; aviation kerosene factory price from 7,450 yuan per ton adjusted to 5,050 yuan, 2400 yuan per ton reduction. The adjustment of refined oil prices mentioned above has included the factor of increasing the unit tax for product oil consumption tax. When the reform scheme for refined oil products and taxes was implemented on January 1, 2009, the domestic refined oil price level did not increase.
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