Petrol dealers want out from fuel reimbursement procedure

Petrol dealers across Maharashtra are upset with the new procedure laid down by the union government over the discount to customers for buying fuel by debit/ credit cards and mobile wallets

Petrol dealers across Maharashtra are upset with the new procedure laid down by the union government over the discount to customers for buying fuel by debit/ credit cards and mobile wallets. They say there is no clarity in the procedure for their reimbursement and do not want to be involved.

Petrol dealers across Maharashtra are upset with the new procedure laid down by the union government over the discount to customers for buying fuel by debit/ credit cards and mobile wallets. (HT)

The discount came into effect from midnight. The motorists, who are buying petrol or diesel through cashless modes like credit card, debit card or mobile wallet, will get a discount of 0.75%, that will be deposited into their account in the next three days.

According to petrol dealers, the detailed procedure on how they will claim their reimbursement will see them run from pillar to post to get their own money.

“The government has taken the decision without taking the dealers into confidence,” said Uday Lodh, leader of petrol-pump dealers. He said they will, however, follow the government directive from midnight and watch the situation for the first few days before taking any adverse step.

Ravi Shinde, another leader, said that the government should have made the procedure simple by discounts through oil marketing companies or banks.

“In normal course, oil marketing companies do not pay us our dues in time and hence this new system will add to our woes,” said Ravi Shinde. He also added that they are going to write oil marketing companies and the government on this issue.

Maharashtra has around 4,200 petrol pumps, including about 250 in Mumbai.

Last Thursday, finance minister Arun Jaitley had announced a discount scheme for promoting cashless transactions to overcome the cash crunch due to demonetisation of old currency notes of Rs500 and Rs1,000 notes since November 8.

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From today, use digital payment modes and get 0.75% discount on fuel purchases