Maximum Retail Price
“Maximum retail price” means the maximum price fixed by an entity at which the petroleum, petroleum products and natural gas may be sold to the retail consumers and includes all taxes, cess and levies, local or otherwise and freight or commission payable to the dealers.
Source: The Petroleum and Natural Gas Regulatory Board Act, 2006, No. 19 of 2006, India, amended as of May 2013. Legislation