Petrol Price in Samastipur Today: Rs. 88.66 - Rs. 89.15

Last Update: Thu, 04 Mar 2021 07:18:03

Petrol & Diesel Price Today in Samastipur (Bihar)

Petrol Price Today: ₹88.66 * - ₹89.15 [per litre] (as per IOCL)

Diesel Price Today: ₹81.51 - ₹81.97 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Samastipur is 60

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 51.01/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. 16.11/litre
Final Retail Price -(calculation): Rs. 88.66/litre *

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

Abadh Oil Corporation
Petrol Price: Rs. 89.06 | Diesel Price: Rs. 81.89

Anand Automobiles( )
Petrol Price: Rs. 89.06 | Diesel Price: Rs. 81.89

Anand Fuels
Petrol Price: Rs. 89.12 | Diesel Price: Rs. 81.95

Ananya Automobiles
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 81.52

Anupam Bihar Fuel Centre
Petrol Price: Rs. 88.97 | Diesel Price: Rs. 81.80

Ashirwad Fuels
Petrol Price: Rs. 88.96 | Diesel Price: Rs. 81.79

Ashutosh Fuel Centre
Petrol Price: Rs. 88.97 | Diesel Price: Rs. 81.80

Atharva Fuel Centre
Petrol Price: Rs. 88.92 | Diesel Price: Rs. 81.76

Ayush Petroleum
Petrol Price: Rs. 88.75 | Diesel Price: Rs. 81.60

B.r.r. Filling Center
Petrol Price: Rs. 88.82 | Diesel Price: Rs. 81.67

Baidyanath Petroleum
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 81.62

Bhagwati Auto Service( )
Petrol Price: Rs. 88.75 | Diesel Price: Rs. 81.60

Bhagwati Fuel Centre
Petrol Price: Rs. 88.75 | Diesel Price: Rs. 81.60

Bhola Ray Shanti Devi Sons
Petrol Price: Rs. 88.74 | Diesel Price: Rs. 81.59

Chandna Service Station( )
Petrol Price: Rs. 88.91 | Diesel Price: Rs. 81.75

Durgasaran Udho Prasad(hsnpurhsd)
Petrol Price: Rs. 88.79 | Diesel Price: Rs. 81.64

Ganga Fuel Centre
Petrol Price: Rs. 88.66 | Diesel Price: Rs. 81.51

Gaura Parwati Oil Centre
Petrol Price: Rs. 88.73 | Diesel Price: Rs. 81.58

Gupta Auto Service( )
Petrol Price: Rs. 88.91 | Diesel Price: Rs. 81.75

Hanuman Petroleum
Petrol Price: Rs. 89.08 | Diesel Price: Rs. 81.91

Harihar Automobiles
Petrol Price: Rs. 89.03 | Diesel Price: Rs. 81.86

Hasanpur Dudhpura Filling Centre
Petrol Price: Rs. 88.93 | Diesel Price: Rs. 81.77

J.b. Sons
Petrol Price: Rs. 88.88 | Diesel Price: Rs. 81.72

Jagdamba Petroleum
Petrol Price: Rs. 88.87 | Diesel Price: Rs. 81.71

Jai Maa Fuel Centre
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 81.52

Jai Mata Di Fuel Centre
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 81.62

Jay Kay Enterprises
Petrol Price: Rs. 88.93 | Diesel Price: Rs. 81.77

Kailash Service Station
Petrol Price: Rs. 88.91 | Diesel Price: Rs. 81.75

Kirti Petroleum
Petrol Price: Rs. 88.96 | Diesel Price: Rs. 81.79

Kishor Fuel Center
Petrol Price: Rs. 88.75 | Diesel Price: Rs. 81.60

Laxmi Fuel Centre
Petrol Price: Rs. 88.87 | Diesel Price: Rs. 81.71

Maa Ambe Fuel Centre
Petrol Price: Rs. 88.92 | Diesel Price: Rs. 81.76

Maa Bhagwati Fuels
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 81.52

Maa Bhavani Kisan Seva Kendra
Petrol Price: Rs. 89.03 | Diesel Price: Rs. 81.86

Maa Bhawani Fuels
Petrol Price: Rs. 89.06 | Diesel Price: Rs. 81.89

Maa Shakti Auto Service
Petrol Price: Rs. 88.87 | Diesel Price: Rs. 81.71

Maa Tarani Fuels
Petrol Price: Rs. 88.80 | Diesel Price: Rs. 81.64

Marwa Fuels
Petrol Price: Rs. 88.91 | Diesel Price: Rs. 81.75

Mithilanchal Fuel Centre
Petrol Price: Rs. 88.93 | Diesel Price: Rs. 81.77

Motorist Home( )
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 81.52

Mukesh Filling Centre
Petrol Price: Rs. 88.79 | Diesel Price: Rs. 81.64

Nayak Automobiles( )
Petrol Price: Rs. 88.89 | Diesel Price: Rs. 81.73

Nilamber Fuel Centre
Petrol Price: Rs. 88.98 | Diesel Price: Rs. 81.81

Pratap Service Centre
Petrol Price: Rs. 88.94 | Diesel Price: Rs. 81.78

R.s.hazari Services( )
Petrol Price: Rs. 89.03 | Diesel Price: Rs. 81.86

Rasuj Auto Service
Petrol Price: Rs. 88.92 | Diesel Price: Rs. 81.76

Raza Fuel Centre
Petrol Price: Rs. 89.03 | Diesel Price: Rs. 81.86

Shakti Service Centre
Petrol Price: Rs. 88.89 | Diesel Price: Rs. 81.73

Shiv Durga Kisan Seva Kendra
Petrol Price: Rs. 88.91 | Diesel Price: Rs. 81.75

Shivani Fuel Centre
Petrol Price: Rs. 88.89 | Diesel Price: Rs. 81.73

Shri Balajee Automobiles
Petrol Price: Rs. 88.95 | Diesel Price: Rs. 81.79

Sona Petroleum
Petrol Price: Rs. 88.82 | Diesel Price: Rs. 81.67

Sri Ganesh Fuels
Petrol Price: Rs. 89.10 | Diesel Price: Rs. 81.93

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

Sushila Fuels
Petrol Price: Rs. 89.08 | Diesel Price: Rs. 81.91

Thakur Nikung Fuels.( )
Petrol Price: Rs. 89.15 | Diesel Price: Rs. 81.97

Tridev Auto Service
Petrol Price: Rs. 88.79 | Diesel Price: Rs. 81.64

Vijaywant And Sons
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 81.52

Warisnagar Fuels
Petrol Price: Rs. 89.03 | Diesel Price: Rs. 81.86

Yogiradha Fuel Centre
Petrol Price: Rs. 88.75 | Diesel Price: Rs. 81.60

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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