the rebate at the pump can reach up to 18 cents per liter in mainland France

by time news

Consumers in mainland France will see a discount at the pump of up to 18 euro cents per liter of fuel from 1is April. The discount promised by the government will range from 15 to 18 cents per liter of fuel, a difference which is explained by the amount of VAT applied in the various French territories, we learned, Friday, March 25, from of the Ministry of Ecological Transition. The implementation of this discount will be effective on Friday 1is April, according to a decree expected on Saturday, it was specified, confirming information from the Parisian.

“We wanted the discount at the pump of 15 cents per liter of fuel to apply to everyone. The rebate is calculated on the basis of 15 cents excluding tax, which explains why the rebates are different depending on the amount of VAT applied to petroleum products.we explained. “The VAT being 20% ​​on the mainland in mainland France, the discount at the pump will be 18 cents per liter including tax for the consumer. It will be around 17 cents in Corsica where VAT is 13% and 15 cents overseas, where there is no VAT on petroleum products.detailed the ministry.

The price displayed at the pump will include the discount. The distributors will themselves benefit upstream from the discount, at the level of the purchasing groups, from Sunday, which should allow the system to be fluid when it comes into force. The reduction takes place “at the level of marketers, all depots and refineries, which will apply the discount to bulk sales”said the UFIP Energies and Mobility, which brings together professionals in the oil sector.

Three billion euros of appropriations devoted to this measure

Faced with soaring fuel prices and less than a month before the presidential election, the Prime Minister, Jean Castex, announced in mid-March this discount at the pump, from 1is 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.

Read also Fuel prices: why diesel exceeds gasoline, why a rebate rather than a tax cut?

The government also announced “exceptional financial aid equivalent to 35 cents per liter of diesel” for fishermen, implemented on March 17 and until the end of July. Dissatisfied with government announcements, construction professionals, fishermen, farmers and transporters, joined by taxis, had organized filter dams at the start of the week, blockades of oil depots and refineries throughout France to protest against soaring prices. fuels.

Read also: War in Ukraine: discount on fuel, aid for fishermen and energy-intensive companies… Government measures to compensate for price increases

According to official figures published on Monday, the price of road fuel sold in French service stations fell below two euros on average last week, falling for the first time since the start of the year.

Read also Can fuel prices be blocked, as several presidential candidates are proposing?

The World with AFP

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