CALCULATION OF RETAIL PRICE OF PETROL AND DIESEL
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Price break-up for petrol and diesel in New Delhi (₹/litre)
The values here reflect the market price as on April 4, 2018.
Petrol
Diesel
Price to dealers (excluding excise and VAT)
35.15
37.42
Excise (collected by the Centre)
19.48
15.33
Dealer commission
3.6
2.52
VAT (collected by States)
15.72
9.55
Retail selling price
73.95
64.82
Simplified Calculation Chart for Petrol & Diesel Prices in New Delhi - (4th September 2018)
Petrol Price * Diesel Price Calculation *
International Price of Crude Oil with Ocean Freight (as on 4th September 2018) 79.93 $ or Rs 5700 per Barrel 79.93 $ or Rs 5700 per Barrel
1 Barrel of Crude Oil 159 Litre 159 Litre
Crude Oil - Cost per Litre Rs 35.89 per Litre Rs 35.89 per Litre
Basic OMC Cost Calculation *
Entry Tax, Refinery Processing, OMC Margin, Freight Cost Rs 3.45 per Litre Rs 7.14 per Litre
Basic Cost of Fuel after Refining Cost Rs 39.34 per Litre Rs 43.03 per Litre
Additional: Excise Duty + Road Cess as Charged by Central Government
Rs 19.48 / Litre on Petrol Rs 15.33 / Lit on Diesel
Pricing Charged to Dealers before VAT Rs 58.82 per Litre Rs 58.36 per Litre
Calculating Dealer Retail Price - Base Location Delhi
Commission to Petrol Pump Dealers Rs 3.63 per Litre Rs 2.53 per Litre
Fuel Cost Before VAT (rounded off for approximation) Rs 62.45 per Litre Rs 60.89 per Litre
Additional:VAT (Varies from State to State - 27% on Petrol & 16.75% on Diesel + 25p as Pollution Cess with Surcharge) Rs 16.86 / Lit on Petrol Rs 10.45 / Litre on Diesel
Final Retail Price as on 4th September 2018 -(calculation) Rs 79.31 per Litre Rs 71.34 per Litre
The values here reflect the market price as on April 4, 2018.
Petrol
Diesel
Price to dealers (excluding excise and VAT)
35.15
37.42
Excise (collected by the Centre)
19.48
15.33
Dealer commission
3.6
2.52
VAT (collected by States)
15.72
9.55
Retail selling price
73.95
64.82
Petrol Price * | Diesel Price Calculation * | |
International Price of Crude Oil with Ocean Freight (as on 4th September 2018) | 79.93 $ or Rs 5700 per Barrel | 79.93 $ or Rs 5700 per Barrel |
1 Barrel of Crude Oil | 159 Litre | 159 Litre |
Crude Oil - Cost per Litre | Rs 35.89 per Litre | Rs 35.89 per Litre |
Basic OMC Cost Calculation * | ||
Entry Tax, Refinery Processing, OMC Margin, Freight Cost | Rs 3.45 per Litre | Rs 7.14 per Litre |
Basic Cost of Fuel after Refining Cost | Rs 39.34 per Litre | Rs 43.03 per Litre |
Additional: Excise Duty + Road Cess as Charged by Central Government | Rs 19.48 / Litre on Petrol | Rs 15.33 / Lit on Diesel |
Pricing Charged to Dealers before VAT | Rs 58.82 per Litre | Rs 58.36 per Litre |
Calculating Dealer Retail Price - Base Location Delhi | ||
Commission to Petrol Pump Dealers | Rs 3.63 per Litre | Rs 2.53 per Litre |
Fuel Cost Before VAT (rounded off for approximation) | Rs 62.45 per Litre | Rs 60.89 per Litre |
Additional:VAT (Varies from State to State - 27% on Petrol & 16.75% on Diesel + 25p as Pollution Cess with Surcharge) | Rs 16.86 / Lit on Petrol | Rs 10.45 / Litre on Diesel |
Final Retail Price as on 4th September 2018 -(calculation) | Rs 79.31 per Litre | Rs 71.34 per Litre |
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