Headlines

CPC loses 3000 billion due to non-payment of taxes

Due to non-implementation of the decision of the CPC to charge a tax from the fuel stations that have been given to the private sector for running for about 18 years, it is revealed that the lost income to the corporation is over 3000 billion rupees.
There are about 300 gas stations owned by the corporation and their land, machinery, buildings, etc. are all controlled by the corporation. The corporation runs fuel stations by leasing land belonging to cooperatives and divisional secretariats, and the corporation pays the rent for them.

Fuel stations run by the private sector, which are not owned by the corporation, have to bear all the expenses. A commission of 3 percent of monthly fuel sales is paid by the corporation to private fuel stations. The commission amount paid for the fuel stations owned by the corporation but assigned to the private sector is 2.75 percent.

However, even though the fuel stations owned by the corporation are run by the private sector, the land tax, assessment, water charges, electricity charges and maintenance are all done by the corporation.The private sector is only tasked with maintaining them. Because of this, the corporation has to spend a lot of money for these fuel stations, and the private sector that runs them earns a lot of profit.

In 2006, the board of directors of the corporation decided to charge a tax from the fuel stations owned by the corporation as it is a loss to run them without charging any money. However, the decision was not implemented until 2013. Although the Board of Directors decided to implement this decision again in 2013, it was not implemented until 2022.

The board of directors decided to implement it again in 2022 after the previous government notified that the corporation should find and maintain its revenues, and the private businessmen who run the fuel stations under the corporation filed a case in court and obtained an injunction against it.