Petrol Price in Gaya Today: Rs. 93.33 - Rs. 94.16

Last Update: Wed, 14 Apr 2021 07:18:03

Petrol & Diesel Price Today in Gaya (Bihar)

Petrol Price Today: ₹93.33 * - ₹94.16 [per litre] (as per IOCL)

Diesel Price Today: ₹86.53 - ₹87.30 [per litre] (as per IOCL)

This Price is effective from 14-04-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Gaya is 51

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 54.83/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. 16.96/litre
Final Retail Price -(calculation): Rs. 93.33/litre *

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

Accord Fuel Station
Petrol Price: Rs. 93.46 | Diesel Price: Rs. 86.65

Agarwal Automobiles
Petrol Price: Rs. 93.93 | Diesel Price: Rs. 87.09

Arunodai Services
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Balaji Kisan Seva Kendra
Petrol Price: Rs. 93.78 | Diesel Price: Rs. 86.95

Bhagwati Filling Station
Petrol Price: Rs. 93.33 | Diesel Price: Rs. 86.53

Bhalua Petroleum Service
Petrol Price: Rs. 94.06 | Diesel Price: Rs. 87.21

Bharat Automobiles
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Brijmohan Fuel Station
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Buddha Indian Oil
Petrol Price: Rs. 93.76 | Diesel Price: Rs. 86.93

Buddha Kisan Seva Kendra
Petrol Price: Rs. 93.60 | Diesel Price: Rs. 86.78

Dayal Service Station
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Giridhari Fuel Service Station
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Jai Mata Dee City Filling Station
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Janak Dulari Kisan Seva Kendra
Petrol Price: Rs. 93.78 | Diesel Price: Rs. 86.95

Kalyani Filling Station
Petrol Price: Rs. 93.86 | Diesel Price: Rs. 87.03

Kumar Kisan Seva Kendra
Petrol Price: Rs. 93.72 | Diesel Price: Rs. 86.89

Kushwaha Kisan Seva Kendra
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 86.71

Maa Durga Kisan Seva Kendra
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.18

Maa Gayatri Petrol Pump
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Maa Vaishnav Filling Station
Petrol Price: Rs. 93.69 | Diesel Price: Rs. 86.86

Maa Vindhyawasini Fuel Centre
Petrol Price: Rs. 93.60 | Diesel Price: Rs. 86.78

Magadh Automobiles
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Mahadeo Service Station
Petrol Price: Rs. 93.46 | Diesel Price: Rs. 86.65

Mahakaleshwar Petroleum
Petrol Price: Rs. 93.35 | Diesel Price: Rs. 86.54

Mahesh Fuel Station
Petrol Price: Rs. 93.64 | Diesel Price: Rs. 86.82

Mehta Automobile
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.18

Mehta Petroleum
Petrol Price: Rs. 93.77 | Diesel Price: Rs. 86.93

Mehta Service Station
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Muskan Service Centre
Petrol Price: Rs. 93.52 | Diesel Price: Rs. 86.70

Nandlal Service Station
Petrol Price: Rs. 93.54 | Diesel Price: Rs. 86.73

Narayan Service Station
Petrol Price: Rs. 93.76 | Diesel Price: Rs. 86.93

New Automobile Stores
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Nitu Kisan Seva Kendra
Petrol Price: Rs. 93.74 | Diesel Price: Rs. 86.91

Parvati Filling Station
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 86.67

Pradeep Petroleum
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Radha Automobiles
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 87.30

Rahul Kisan Seva Kendra
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Rahul Service Station
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Ramanandi Service Station
Petrol Price: Rs. 93.89 | Diesel Price: Rs. 87.05

Rocky Automobile
Petrol Price: Rs. 93.96 | Diesel Price: Rs. 87.11

S.nanak Singh Kochar
Petrol Price: Rs. 93.86 | Diesel Price: Rs. 87.03

Shaligram Service Station
Petrol Price: Rs. 93.61 | Diesel Price: Rs. 86.79

Shiv Parmeshwar Fuel Centre
Petrol Price: Rs. 93.46 | Diesel Price: Rs. 86.65

Sree Gopal Automobiles
Petrol Price: Rs. 93.57 | Diesel Price: Rs. 86.75

Sri Balaji Automobiles
Petrol Price: Rs. 93.36 | Diesel Price: Rs. 86.55

Sri Narsingh Automobiles
Petrol Price: Rs. 93.74 | Diesel Price: Rs. 86.91

Sudarshana Kisan Seva Kendra
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 86.71

Sumitra Kisan Seva Kendra
Petrol Price: Rs. 93.76 | Diesel Price: Rs. 86.93

Suryodai Services
Petrol Price: Rs. 93.84 | Diesel Price: Rs. 87.01

Uma Shavitri City Ksk
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 86.67

Ved Mata Gayatri Ksk
Petrol Price: Rs. 93.60 | Diesel Price: Rs. 86.78

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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