Petrol Price in Banas Kantha Today: Rs. 87.55 - Rs. 88.65

Last Update: Sat, 10 Apr 2021 07:18:03

Petrol & Diesel Price Today in Banas Kantha (Gujarat)

Petrol Price Today: ₹87.55 * - ₹88.65 [per litre] (as per IOCL)

Diesel Price Today: ₹86.96 - ₹88.05 [per litre] (as per IOCL)

This Price is effective from 10-04-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Banas Kantha is 70

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 50.82/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. 15.19/litre
Final Retail Price -(calculation): Rs. 87.55/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Banas Kantha (Gujarat)

Acharya Auto Centre
Petrol Price: Rs. 88.35 | Diesel Price: Rs. 87.76

Ajay Petroleum
Petrol Price: Rs. 87.85 | Diesel Price: Rs. 87.25

Akshat Petroleum
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Arun Auto Fuel Centre
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Ashapura Automobiles
Petrol Price: Rs. 87.94 | Diesel Price: Rs. 87.35

B. K. Fuel Centre
Petrol Price: Rs. 87.55 | Diesel Price: Rs. 86.96

Balram Petroleum
Petrol Price: Rs. 88.20 | Diesel Price: Rs. 87.61

Bhimnath Petroleum
Petrol Price: Rs. 87.84 | Diesel Price: Rs. 87.25

Classic Petroleum
Petrol Price: Rs. 87.55 | Diesel Price: Rs. 86.96

Dhanera Petroleum Agency
Petrol Price: Rs. 88.20 | Diesel Price: Rs. 87.61

Dharnidhar Petroleum
Petrol Price: Rs. 88.22 | Diesel Price: Rs. 87.62

Dwarkadhish Kisan Seva Kendra
Petrol Price: Rs. 88.65 | Diesel Price: Rs. 88.05

Ekta Petroleum
Petrol Price: Rs. 87.67 | Diesel Price: Rs. 87.08

Fill And Fly Energy Centre
Petrol Price: Rs. 87.93 | Diesel Price: Rs. 87.34

Gajanand Petroleum Ksk
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 87.73

Ganesh Petroleum
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Gangotri Petroleum
Petrol Price: Rs. 88.40 | Diesel Price: Rs. 87.72

H. D. Petroleum
Petrol Price: Rs. 88.13 | Diesel Price: Rs. 87.53

Harsiddha Petroleum Supply
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Harsiddhi Petroleum
Petrol Price: Rs. 87.72 | Diesel Price: Rs. 87.13

Hinglaj Petroleum Service
Petrol Price: Rs. 88.18 | Diesel Price: Rs. 87.58

Jai Bramani Petroleum
Petrol Price: Rs. 87.94 | Diesel Price: Rs. 87.35

Jai Mataji Petroleum
Petrol Price: Rs. 87.94 | Diesel Price: Rs. 87.34

Jai Mataji Petroleum (coco -zerda-a
Petrol Price: Rs. 88.00 | Diesel Price: Rs. 87.41

Janata Petroleum Agency
Petrol Price: Rs. 88.02 | Diesel Price: Rs. 87.42

Jay Ma Lakhu Petroleum
Petrol Price: Rs. 88.17 | Diesel Price: Rs. 87.58

Jay Mahakali Kisan Seva Kendra
Petrol Price: Rs. 87.75 | Diesel Price: Rs. 87.15

Jay Shree Varudi Kisan Seva Kendra
Petrol Price: Rs. 88.52 | Diesel Price: Rs. 87.93

Kanaiya Kisan Seva Kendra
Petrol Price: Rs. 88.09 | Diesel Price: Rs. 87.49

Kapileshwar Kisan Seva Kendra
Petrol Price: Rs. 88.55 | Diesel Price: Rs. 87.96

Kaviganga Automobiles
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Kedarnath Kisan Seva Kendra
Petrol Price: Rs. 88.06 | Diesel Price: Rs. 87.46

Khodiyar Kisan Seva Kendra
Petrol Price: Rs. 88.18 | Diesel Price: Rs. 87.59

Kuldevi Krupa Petroleum
Petrol Price: Rs. 88.39 | Diesel Price: Rs. 87.79

Maan Automobiles
Petrol Price: Rs. 88.33 | Diesel Price: Rs. 87.73

Motisariya Kisan Seva Kendra
Petrol Price: Rs. 88.15 | Diesel Price: Rs. 87.56

N. R. Petroleum
Petrol Price: Rs. 88.20 | Diesel Price: Rs. 87.61

Nagdev Petroleum
Petrol Price: Rs. 88.00 | Diesel Price: Rs. 87.41

Pawansut Kisan Seva Kendra
Petrol Price: Rs. 88.45 | Diesel Price: Rs. 87.85

Pinak Petroleum
Petrol Price: Rs. 87.89 | Diesel Price: Rs. 87.30

Pipleswar Diesel Service
Petrol Price: Rs. 88.17 | Diesel Price: Rs. 87.58

Prag Fuel Centre
Petrol Price: Rs. 88.18 | Diesel Price: Rs. 87.59

Pratap Petroleum
Petrol Price: Rs. 88.24 | Diesel Price: Rs. 87.64

Rasana Petroleum
Petrol Price: Rs. 87.76 | Diesel Price: Rs. 87.16

Sagar Petroleum
Petrol Price: Rs. 87.67 | Diesel Price: Rs. 87.08

Sarthak Petroleum
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Sarvottam Petroleum
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Satyam Petroleum
Petrol Price: Rs. 87.95 | Diesel Price: Rs. 87.35

Sawan Petroleum
Petrol Price: Rs. 87.78 | Diesel Price: Rs. 87.19

Shakti Automobiles
Petrol Price: Rs. 87.76 | Diesel Price: Rs. 87.16

Shenal Kisan Seva Kendra
Petrol Price: Rs. 88.36 | Diesel Price: Rs. 87.76

Shera Petroleum
Petrol Price: Rs. 87.85 | Diesel Price: Rs. 87.25

Shiv Petroleum
Petrol Price: Rs. 87.95 | Diesel Price: Rs. 87.35

Shree Arbuda Kisan Seva Kendra
Petrol Price: Rs. 87.67 | Diesel Price: Rs. 87.08

Shree Ashadevi Petroleum
Petrol Price: Rs. 88.41 | Diesel Price: Rs. 87.81

Shree Gopal Petroleum
Petrol Price: Rs. 88.18 | Diesel Price: Rs. 87.58

Shree Guru Petroleum
Petrol Price: Rs. 87.76 | Diesel Price: Rs. 87.16

Shree Kesarbhavani Petroleum
Petrol Price: Rs. 88.23 | Diesel Price: Rs. 87.63

Shree Naknang Bhagwan Petroleum
Petrol Price: Rs. 88.31 | Diesel Price: Rs. 87.71

Shree Somnath Petroleum
Petrol Price: Rs. 88.18 | Diesel Price: Rs. 87.58

Shri Rajeshwar Petroleum
Petrol Price: Rs. 88.64 | Diesel Price: Rs. 88.04

Soham Petroleum
Petrol Price: Rs. 87.66 | Diesel Price: Rs. 87.06

Someshwar Petroleum
Petrol Price: Rs. 87.95 | Diesel Price: Rs. 87.35

Swastik Kisan Seva Kendra
Petrol Price: Rs. 88.45 | Diesel Price: Rs. 87.85

Tee Vee Trading Corpn.
Petrol Price: Rs. 87.89 | Diesel Price: Rs. 87.30

Tirth Kisan Seva Kendra
Petrol Price: Rs. 88.52 | Diesel Price: Rs. 87.93

Tulsi Petroleum
Petrol Price: Rs. 88.25 | Diesel Price: Rs. 87.65

Vania Kisan Seva Kendra
Petrol Price: Rs. 88.44 | Diesel Price: Rs. 87.84

Visat Petroleum
Petrol Price: Rs. 87.93 | Diesel Price: Rs. 87.34

Vishwas Petroleum
Petrol Price: Rs. 87.93 | Diesel Price: Rs. 87.34

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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