ABOUT PETROL PUMP TAX AUDIT
This query is : Resolved
19 September 2025
WHAT IS FATA EXPENCE IN PETROL PUMP ?
19 September 2025
FATA expense at a petrol pump refers to "Freight, Administration, and Transport Allowance"—an operational expense component included in the cost structure of running a petrol pump in India. It typically covers the costs associated with transporting fuel from depots to the retail outlet, administrative overheads, and other related logistics.
19 September 2025
FATA is not a standard, universally published term in official documents but is widely used in practice by petrol pump owners and operators to indicate the aggregate of such operational and logistical expenses.
Freight costs are incurred for bringing fuel from the distribution refinery or depot to the petrol pump.
Administrative and transport expenses cover salaries, vehicle running costs, insurance, and other office overheads.
Freight costs are incurred for bringing fuel from the distribution refinery or depot to the petrol pump.
Administrative and transport expenses cover salaries, vehicle running costs, insurance, and other office overheads.
19 September 2025
Good Luck...
20 September 2025
THANK YOU SO MUCH SIR FOR YOUR REPLY
20 September 2025
You are welcome...
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