The difference in the amount of the discount which will range from 15 to 18 cents is explained by the amount of VAT applied in the different French territories. The price displayed at the pump, from April 1st, will include the rebate.
Le Monde with AFP
Consumers in metropolitan France will see pumping up to 18 cents per liter of fuel from 1 April. The discount promised by the Government will range from 15 to 18 cents per liter of fuel, a difference that is explained by the amount of VAT applied in the different French territories, have we learned, Friday, March 25, with from the Ministry of the Ecological Transition. The implementation of this discount will be effective, Friday, April 1, according to a surveyed decree on Saturday, it was stated, confirming information from the Parisian .
“We wanted the 15 cents pump to be delivered by liter of fuel applies to all. The discount is calculated on a basis of excluding taxes, which explains that the discounts are different depending on the amount VAT applied to petroleum products, “she was explained. “The VAT being 20% on the continent in metropolis, the pumping will be 18 cents per liter TTC for the consumer. It will be about 17 corsishes in Corsica where VAT is 13% and 15 cents in Overseas, where there is no VAT on petroleum products, “detailed the department.
The price displayed at the pump will include the rebate. Distributors will themselves benefit from the presentation, at the level of purchasing plants, on Sunday, which should allow the device to be fluid at the time of its entry into force. The reduction is “at the market level, all that is deposits and refineries, which will apply the return to bulk sales,” said UFIP ENERGIES and MOBILITIES, which includes professionals in the oil sector.
Three billion euros of appropriations devoted to this measure
Faced with the flight of fuel prices and less than a month of the presidential election, the Prime Minister, Jean Castex, announced in mid-March this discount on the pump, from the 1 ER April and for four months. Three billion euros of credits will be devoted to this measure which, after diesel and gasoline, has been extended to LPG and LNG.
The Government had, moreover, announced “exceptional financial assistance equivalent to 35 cents per liter of diesel” for fishermen, implementation on March 17 and until the end of July. Disfect of the government’s announcements, construction professionals, fishermen, farmers and carriers, joined by taxis, organized filtering dams at the beginning of the week, blockages of oil deposits and refineries throughout France to protest the outbreak of prices fuels.
According to official figures published Monday, the price of road fuels sold in the French service stations declined under the two euros on average last week, lowering for the first time since the beginning of the year.