Retail price of petrol and diesel in India: Crude calculations (Akhilesh Sati, Lydia Powell, Vinod Kumar Tomar, ORF)

The retail price of petrol was INR 101.84/litre (l) and diesel INR 89.97/l in Delhi on 1 August 2021. For petrol, the base price was INR 41.24/I or about 40.4 percent of the prices, central excise was INR 32.90/l or 32.3 percent of the retail price and state value added tax (VAT) was INR 23.50/l or about 23 percent of the price. Freight and dealer commission at INR4.2/l was about 4.1 percent of the retail price. Overall central and state taxes accounted for about 55.3 percent of the retail price of petrol in Delhi. For diesel the base price was INR 42/l or 46.7 percent of the retail prices, central excise at INR42.33/l was about 47 percent of the taxes, state VAT at INR 13.14/l was about 14.6 percent of the retail prices. Fright and dealer commission was INR 2.93/l or 3.2 percent of the retail price.  Overall central and state taxes accounted for about 50 percent of the retail price of diesel in Delhi.

Retail price of petrol and diesel in India: Crude calculations | ORF (orfonline.org)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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