Petrol Price in Begusarai Today: Rs. 88.48 - Rs. 88.79

Last Update: Tue, 02 Mar 2021 07:18:03

Petrol & Diesel Price Today in Begusarai (Bihar)

Petrol Price Today: ₹88.48 * - ₹88.79 [per litre] (as per IOCL)

Diesel Price Today: ₹81.35 - ₹81.63 [per litre] (as per IOCL)

This Price is effective from 02-02-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Begusarai is 51

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 50.87/litre
Additional: Excise Duty + Road Cess as Charged by Central Government: Rs. 17.98/litre
Commission to Petrol Pump Dealers: Rs. 3.56/litre
Additional:VAT (Varies from State to State): Rs. 16.07/litre
Final Retail Price -(calculation): Rs. 88.48/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Begusarai (Bihar)

Aarya Service Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Abc Fuel Centre
Petrol Price: Rs. 88.79 | Diesel Price: Rs. 81.63

Anita Fuels
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Annpurna Fuel Centre
Petrol Price: Rs. 88.64 | Diesel Price: Rs. 81.50

Arun Auto Service
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Ashok Fuel Centre
Petrol Price: Rs. 88.53 | Diesel Price: Rs. 81.39

Ayush Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Babu Banarsi Petroleum
Petrol Price: Rs. 88.68 | Diesel Price: Rs. 81.53

Balia Auto
Petrol Price: Rs. 88.58 | Diesel Price: Rs. 81.44

Barauni Fuels
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Bhagatpur Auto Fuels
Petrol Price: Rs. 88.58 | Diesel Price: Rs. 81.44

Bol Bum Service Station
Petrol Price: Rs. 88.68 | Diesel Price: Rs. 81.53

Chandrashekhar Kisan Sewa Kendra
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Durga Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Gangotri Diesels-manjhual
Petrol Price: Rs. 88.60 | Diesel Price: Rs. 81.46

Gayatri Petroleum.
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Handsome Highway Harbour
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Harsh Fuel Centre
Petrol Price: Rs. 88.73 | Diesel Price: Rs. 81.58

Jai Maa Bhawani Fuel Centre
Petrol Price: Rs. 88.66 | Diesel Price: Rs. 81.51

Jai Mangla Auto Service Stn.
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Jai Mata Di Auto Centre
Petrol Price: Rs. 88.65 | Diesel Price: Rs. 81.51

Jayanti Fuel Centre
Petrol Price: Rs. 88.54 | Diesel Price: Rs. 81.40

K.d.singh Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Kesri Company
Petrol Price: Rs. 88.69 | Diesel Price: Rs. 81.54

Kishori Fuel Centre
Petrol Price: Rs. 88.69 | Diesel Price: Rs. 81.54

M S Rajeev Kumar Singh
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

M.s. Fuel Centre
Petrol Price: Rs. 88.60 | Diesel Price: Rs. 81.46

Maa Tara Fuels
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Maharani Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Mahesh Pratap Umesh Pratap
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Namrata Fuel Centre
Petrol Price: Rs. 88.59 | Diesel Price: Rs. 81.44

Narayan Fuel Centre
Petrol Price: Rs. 88.71 | Diesel Price: Rs. 81.56

Petro Mart
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Pratap Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Priyadarshini Fuel Centre
Petrol Price: Rs. 88.60 | Diesel Price: Rs. 81.46

Purushottam Lall Sultania
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Rama Pati Service Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Rungta Highway Service Station
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Sahu Oil Agencies
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Sai Fuel Centre
Petrol Price: Rs. 88.79 | Diesel Price: Rs. 81.63

Shahi Fuel Centre
Petrol Price: Rs. 88.69 | Diesel Price: Rs. 81.55

Shakti Diesel(bagrahdih)
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Shiva Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Shiwangi Fuels
Petrol Price: Rs. 88.71 | Diesel Price: Rs. 81.56

Shri Badri Auto Service
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Shristi Diesels
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Sikha Petroleum
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Sree Ram Fuel Centre
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Sri Satya Sai Service Station
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Suman Auto Service
Petrol Price: Rs. 88.71 | Diesel Price: Rs. 81.56

Swagat Retail Outlet
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 81.35

Breakup of Petrol Price

The Price of Petrol & Diesel affect almost every Indian directly or indirectly. Such is the importance of these two that any increase or decrease in their price is widely discussed. The prices change every fortnight based on the changes in the price of crude oil and changes in tax rate. While people at large follow pricing of these two commodities, they do not understand the structure of pricing, the components that add up to the final price.

Crude oil is the major raw material for petrol. At present, 75% of India's crude oil needs are met through imports. And thus, international prices of crude oil and foreign exchange rates are the base components in determining the price of petrol at home. Only 25% of India's crude oil requirement is maintained by private sector companies like Reliance Industries, Cairn India Ltd, and public sector counterparts like Oil India, Oil and Natural Gas Corporation (ONGC) among others in this sector.

Barrels of Crude Oil are imported from somewhere in the oil fields of the middle east. The price is calculated in dollars per Barrel. The price in Indian rupees is also dependent on the foreign exchange rates for that fortnight. [ 1 Barrel = 158.987 litre (approx) ].

The Crude Oil is transported to India. Ocean freight and transport charges are now applied to Crude Oil. This Crude oil is now refined to extract Petrol. The Crude Oil is now bought by several Oil Marketing Companies (like IOCL, BPCL, HPCL, Reliance Industries and Essar cater) and then refine Crude Oil to Petrol. Refinery Transfer Price (RTP) is paid by OMCs to Refineries.

This refined Petrol is now sold to Dealers (individuals or businesses that own petrol pumps) by OMCs after adding other expenses & keeping some margin.

The Central Excise Duty is levied by the Central Government (Government of India). This is a fixed amount and not a percentage on the price. The dealer commission is also added to the price after imposition of the Central Excise. The State Governments levy Value Added Tax (VAT) or sales tax on the price arrived at by adding dealer price, central excise duty & dealer commission. The central excise duty, dealer's commission and State Govt's VAT percentage amount are fixed by Govt Fiscal Budget (Revenue & Expenditure)


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