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Tax break-up of final petro price




Please 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 = Rs 21.93
Excise duty = Rs 14.35
Education Tax = Rs 0.43
Dealer commission = Rs 1.05
VAT = Rs 5.5
Crude Oil Custom duty = Rs 1.1
Petrol Custom = Rs 1.54
Transportation Charge = Rs 6.00
Total price = Rs 51.90
So for a Rs 22 liter petrol at pumps we people pay Rs 28 tax extra.

Govt. is thinking to impose more price hike to curtain with the current crude oil bubble in International oil crisis.
If Central Govt. wish, it can still reduce the price of petrol in the current crisis situation, but it doesn’t intend to do so, instead trying to fool the people and Nation. This is the basis LEFT parties are opposing, just generating more profits for the oil marketing companies.




2 comments to Tax break-up of final petro price

  • This is an interesting post. Not too many people will be aware of the amount of duty they pay as part of the petrol price. This is even more so in states such as Maharashtra where the tax component is 5 rupees more than in Delhi. The problem is, the duties earned have been deployed in these massive cash hungry schemes such as the National Employment Guarantee, and the Farm loan waiver scheme.

  • Nelson Dcunha

    Really GOI has cheated us a lot.So Many Taxes and taming up Inflation

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