In a bid to perform audit activity for the financial year 2021-22 (audit year 2020-21), Ministry of Energy Petroleum Division-Policy Wing), Directorate General (Oil) in a letter dated 7th September 2021 to 25 MDs and CEOs of OMCs and refineries, informed that audit team will visit ARL, PARCO refineries’ offices situated at Rawalpindi and Multan and all OMCs offices/depots at Machike, district Sheikhupura in next week. It is relevant to note that the Ministry of Energy has sent this letter to PARCO, Karachi, SPL, Karachi, Puma Energy, Karachi, BPPL, Karachi (OMC), Zoom Pet., Lahore, Quality 1 Pet., Islamabad, Hi-Tech Lubricants, Lahore, Jinn Pet., Islamabad, ARL, Rawalpindi, APL, Rawalpindi, Askar Oil, Lahore, BE Energy, Karachi, Zoom Mkt. Oils, Lahore, Oilco Pet., Lahore, Euro Oil, Lahore, Flow Petroleum, Lahore, PSO, Karachi, TPPL, Lahore, Hascol, Karachi, Gas & Oil, Lahore, Fuelers, Lahore, Horizon Oil, Lahore, My Petroleum, Lahore, Exceed Pet., Islamabad, and Allied Pet., Lahore. According to sources, collection of the deemed duty has so far remained a controversial subject for the refineries. And, many believed that the refineries had received billions of rupees but they did not invest in plant upgrades.

Source: Pakistan Today September 08, 2021 17:15 UTC