Do you know how the fuel price is calculated in India?
Suppose if the petrol price per litre in Chennai is Rs 51.90, here the break-up of cost calculated by the government:
So for a Rs 22 litre petrol at pumps, consumers in India pay Rs 28 tax extra.
Jai ho India
AAM INSAAN KA PAISA JA KAHA RAHA HAI
Suppose if the petrol price per litre in Chennai is Rs 51.90, here the break-up of cost calculated by the government:
- 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 litre petrol at pumps, consumers in India pay Rs 28 tax extra.
Jai ho India
AAM INSAAN KA PAISA JA KAHA RAHA HAI
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