Increase in Equilibrium Price by Fast Oscillations

Table 2

CNG consumer price detailed break up.

S number	Components of price	Region I	Region II
1	Cost of production
	(a) Cost of gas billed	31.09	28.40
	(b) Cost of compression	5.46	5.46
	total cost of production	36.55	33.86
2	(10–12%) Retailer fixed profit	4.386	4.063
3	Taxes
	(a) GIDC	13	13
	(b) GST 21% cost of gas	6.529	5.964
		19.529	18.964
	Total (1 + 2 + 3)	60.465	56.887
5	Consumer retail price (consumer willingness to pay)	61	57