No additional levy on use of cards at petrol stations says Petroleum Minister

No additional levy on use  of cards at petrol stations says Petroleum Minister

Team EnergyInfraPost

In what came as a big relief for consumers of petrol and diesel as also petrol pump owners, union minister of state (I/C) for Petroleum and Natural Gas, Dharmendra Pradhan said Monday that neither the customers nor petrol pumpndealers will bear additional charges on digital transactions at petrol stations.

He said that the Government had issued guidelines in February 2016 stating that the Merchant Discount Rate (MDR) charge will not be passed on to the consumers and that the stakeholders will take appropriate steps to absorb the MDR charges.

The Government has stepped in after the issue on levy on digital transaction at petrol stations was raised by association of petrol pump dealers.

Pradhan said that there will be no additional levy on digital transaction at petrol stations even after 13 January, 2017. He also clarified that the Petrol pump transaction fee is a business model between the banks & oil marketing companies which they will resolve.

The All India Petroleum Dealers Association (AIPDA) on Sunday announced that it would not accept payments through credit and debit cards from Monday in protest the banks’ decision to levy additional charge of up to one per cent on such transactions.

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