Petrol Facts June 5, 2008Posted by astralwicks in Economy, india, oil, oil marketing, Politics, World.
Tags: inflation, price rise, real price of petrol in India, the price of petrol 2008
Is this Spam or True
Petrol Price Breakup
Find the detail break-up of the Final price of petrol available in pumps.
This is a break up considering crude oil at 130 $ per barrel. Following details are for per liter petrol in Rs.
Basic Price = 21.93
Excise duty = 14.35
Education Tax = 0.43
Dealer commission = 1.05
VAT = 5.5
Crude Oil Custom duty = 1.1
Petrol Custom = 1.54
Transportation Charge = 6.00
Total price = Rs 51.90
So for a Rs 22 liter petrol at pumps we people pay Rs 28 tax extra.
Note: all the figures are approximate