Tuesday, June 3, 2008

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 and eye opener.

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