Pricing Login

Tax Management India. Com
Law and Practice : Digital eBook
Research is most exciting & rewarding

For Sales / Support:
WhatsApp

9911796707

Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes

TMI - e-Newsletter TaxTMI Company's expenses disallowed, but no penalty as... TaxTMI Goods matched documents like e-way bill and... TaxTMI Income tax reassessment validity: AO initiated... TaxTMI Sale-purchase loss disallowed unreasonably by tax... TaxTMI Revision: Hospital receipts verified, partial... TaxTMI Inflated invoices by employees led to pre-existing... TaxTMI NRI's unexplained mutual fund investment & capital... TaxTMI Land sale profit: Business income or long-term... TaxTMI Lending business earned interest spread, no... TaxTMI Sugar mills' parallel pricing insufficient for... TaxTMI Loan providers' interest rate hikes and penalties... TaxTMI Alleged cartelization dismissed due to lack of... TaxTMI Money laundering case: Balancing PMLA bail... TaxTMI Export of service partly performed outside India... TaxTMI Technical testing firm wins CENVAT credit case;... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

Follow us:

News

Home News News and Press Release Month 1 2013 2013 (1) This

← Previous Next →

Global crude oil price of Indian Basket Rises to 109.11 US$/bbl on 08.01.2013

9-1-2013

Contents

Press Information Bureau

Government of India

Ministry of Petroleum & Natural Gas

09-January, 2013 14:13 IST

The international crude oil price for Indian Basket as computed/published today by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas rose to US$ 109.11/barrel (bbl) on 08.01.2013. This was higher than the price of US$ 108.50//bbl prevailing on the previous trading day of 07.01.2013.

In rupee terms also, the crude oil price increased to Rs 6037.06/bbl on 08.01.2013 from Rs 5965.33/bbl on 07.01.2013. This was due to price increase in dollar terms and rupee depreciation. Rupee dollar-exchange rate on 08.01.2013 was Rs 55.33/US$ against Rs 54.98/US$ on previous trading day of 07.01.2013.

The table below gives details in this regard:

Particulars	Unit	Price on 08 January, 2013 i.e. 07.01.2013)	Last Fortnight December 16-31, 2012 (previous fortnight 1-15, December 2012)
Crude Oil (Indian Basket)	($/bbl)	109.11 (108.50)	107.76 (106.85)
Crude Oil (Indian Basket)	(Rs/bbl	6037.06 (5965.33)	5912.79 (5815.85)
Exchange Rate	(Rs/$)	55.33 (54.98)	54.87 (54.43)

RCJ/RKS –Daily Crude oil price- 09.01.2013

← Previous Next →

Quick Updates:

What's New:
Latest Case Laws

What's New:
Latest Notifications

What's New:
Latest Circulars

F: DEPRECIATION ON CAPITAL GOODS WITH GST COMPONENT

A: ITC on Telecommunication Towers: Bharti Airtel (SC) implication in GST...

N: Syncing of ITC (HS), 2022- Schedule-1 (Import Policy) with Finance Act...

C: Valuation of repurchase (repo) transactions by Mutual Funds

F: Stock damaged in recent floods

F: ITC on Inward supplies availed in the next Financial Year

F: RCM on Rent for Exempted Commodity

F: RCM on Rent for Composite Dealer

A: ADJUDICATION OF MULTIPLE SHOW CAUSE NOTICES

A: Penalty under Section 129 not imposable due to improper E-Way bill whe...

N: Central Government approves SKAN Research Trust, Bengaluru under the c...

N: Amendment in Notification No. 02/2017-Central Tax, dated the 19th June...

F: GST AUDIT U/S 65 AND SHOW CAUSE U/S 73

H: Personal hearing mandatory before heavy penalty order; natural justice...

H: No invoice/e-way bill discrepancy, areca nut seller deemed owner as pe...

H: Appellate tribunal rejects delay condonation, upholds strict adherence...

H: Apex Court upholds 'socialist' and 'secular' in Constitution's Preambl...

H: GST Circular allows filing rectification for input tax credit claims t...

H: GST hike dispute: Petitioner gets relief, gov't entity to reimburse 6%...

H: Fabric manufacturer wins tax case over CENVAT credit denial due to lac...

H: Fixed deposits in Krishi Bank treated as investments; loss on liquidat...

H: Amalgamated company's income assessment challenged due to jurisdiction...

H: Government Ayurveda Institute's Share Capital Interest Dispute: Treate...

H: Interest on enhanced compensation for land acquisition: Taxable or exe...

H: Cash payment exceeding limit during sale deed registration wrongly pen...

H: Undisclosed income declared under IDS 2016 can't be treated as unexpla...

H: Tax deduction denied for incomplete housing project & excess commercia...

H: Stone article exporters win relief from classification dispute.

F: GST on Solar Plant

A: ELECTRONIC CASH LEDGER