Petroleum dealers object to new commission scheme
KATHMANDU, June 27:
Nepal Petroleum Dealers National Association has voiced objection against the government decision to fix commission on sales of petroleum products on a flat rate basis, ending the system of providing certain percent of sales amount as commission.
Petroleum dealers have so far been collecting three percent of total sales as commission. NOC has proposed dealers Rs 1.85 per liter as sales commission.
“The newly introduced system has left us worrying. Petroleum dealers were facing hard times sustaining business even with the 3 percent commission on sales amid rising interest rate and operating cost,” Saroj Pandey, president of the association, told media persons on Sunday.
“The new decision ignores a joint-secretary level panel´s recommendation of giving three percent commission.”
Pandey said the association would be compelled to announce protest if the government did not withdraw its decision.
Dealers had already expressed their objection to the Finance Minister and the Minister for Commerce and Supplies.
Pandey said the association will conduct a study on reform measures that can be implemented in NOC to bail the state-owned oil supplier out of the present crisis.
Petroleum dealers have also flayed the government´s move of introducing digital dispensing system in refilling stations with the objective of replacing the existing mechanical system within a year.
“It´s not practical. The government must review it,” Pandey added.
He also expressed dissatisfaction over the report prepared by Bhim Acharya-led panel, stating that it has failed incorporate suggestions to end existing mismanagement and corruption in NOC.
Source: Republica
Nepal Petroleum Dealers National Association has voiced objection against the government decision to fix commission on sales of petroleum products on a flat rate basis, ending the system of providing certain percent of sales amount as commission.
Petroleum dealers have so far been collecting three percent of total sales as commission. NOC has proposed dealers Rs 1.85 per liter as sales commission.
“The newly introduced system has left us worrying. Petroleum dealers were facing hard times sustaining business even with the 3 percent commission on sales amid rising interest rate and operating cost,” Saroj Pandey, president of the association, told media persons on Sunday.
“The new decision ignores a joint-secretary level panel´s recommendation of giving three percent commission.”
Pandey said the association would be compelled to announce protest if the government did not withdraw its decision.
Dealers had already expressed their objection to the Finance Minister and the Minister for Commerce and Supplies.
Pandey said the association will conduct a study on reform measures that can be implemented in NOC to bail the state-owned oil supplier out of the present crisis.
Petroleum dealers have also flayed the government´s move of introducing digital dispensing system in refilling stations with the objective of replacing the existing mechanical system within a year.
“It´s not practical. The government must review it,” Pandey added.
He also expressed dissatisfaction over the report prepared by Bhim Acharya-led panel, stating that it has failed incorporate suggestions to end existing mismanagement and corruption in NOC.
Source: Republica
