WebMar 14, 2024 · 14.85. 9.23. Retail Selling Price. 69.87. 62.58. *Price Breakup in Delhi as of March 14 2024. ... WebMar 13, 2024 · Opening a petrol pump in India can be profitable but requires regulatory compliance and a significant financial investment. Applicants should be 21-55 years old, have completed 10th standard, and have at least three years of relevant experience.
Taxes You Pay On a Litre of Petrol/Diesel - Fuel Price …
WebFeb 17, 2024 · According to Indian Oil, here’s the break up for Delhi on February 16 for one litre of petrol: Out of the price of Rs 89.29, Rs 53.51 is excise and VAT alone — or … WebSep 7, 2024 · The taxes that you pay on petrol and diesel nearly double its retail price. As of today, the Indian Oil Corporation, one of the largest oil retailers, charges Rs 39.21 a litre to dealers excluding VAT and excise to dealers but what you end up paying is nearly Rs 80 a litre. Here’s a break-up of all the taxes and levies that you pay on petrol ... change finder python
Why you end up paying almost double for petrol and diesel
WebNov 8, 2024 · The base price for crude oil, for example, on November 4 was Rupees 39.4 per litre, and the price of petrol after adding processing and freight charges was at Rupees 48.28 per litre. Then commission for the dealer at the petrol pump, central government's excise duty, and the state government's value-added taxes are added to that amount to ... WebJan 27, 2024 · As you can see from the above table, generally the petrol prices have been on the higher side in Mumbai. However, Delhi witnessed the most reasonable petrol prices in the last few months of 2024. … WebMar 8, 2024 · By India Today Web Desk: The tax collected on the retail price of petrol and diesel in India has increased by 459 per cent in seven years, according to oil minister Dharmendra Pradhan's written reply in Lok Sabha.He also informed on Monday that the price of liquified petroleum gas (LPG) doubled to Rs 819 per cylinder in the same period. change finder color