Petrol Price in Bhavnagar Today: Rs. 72.80 - Rs. 85.86

Last Update: Fri, 05 Mar 2021 07:18:05

Petrol & Diesel Price Today in Bhavnagar (Gujarat)

Petrol Price Today: ₹72.80 * - ₹85.86 [per litre] (as per IOCL)

Diesel Price Today: ₹68.67 - ₹84.60 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Bhavnagar is 59

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 38.63/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. 12.63/litre
Final Retail Price -(calculation): Rs. 72.80/litre *

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

Ananddham Petroleum
Petrol Price: Rs. 84.82 | Diesel Price: Rs. 83.56

Ashwini Petroleum A-site
Petrol Price: Rs. 84.77 | Diesel Price: Rs. 83.52

Bapasitaram Petroleum
Petrol Price: Rs. 85.42 | Diesel Price: Rs. 84.16

Bhupatray Bros.
Petrol Price: Rs. 85.16 | Diesel Price: Rs. 83.91

Bhurani Petroleum
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

C.raj Co.
Petrol Price: Rs. 85.65 | Diesel Price: Rs. 84.39

Chamunda Filling Station
Petrol Price: Rs. 85.41 | Diesel Price: Rs. 84.16

Chitra Transport Co.a-site
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

Dipak Boricha Co.
Petrol Price: Rs. 84.87 | Diesel Price: Rs. 83.61

Gariyadhar Petroleum
Petrol Price: Rs. 85.59 | Diesel Price: Rs. 84.33

Guru Ashish Petroleum
Petrol Price: Rs. 84.91 | Diesel Price: Rs. 83.65

H.f. Bhurani Co.a-site
Petrol Price: Rs. 85.31 | Diesel Price: Rs. 84.06

Hari Om Petroleum
Petrol Price: Rs. 85.15 | Diesel Price: Rs. 83.90

Harkhji Bhanji Co.
Petrol Price: Rs. 84.93 | Diesel Price: Rs. 83.68

J. K. Petroleum
Petrol Price: Rs. 84.57 | Diesel Price: Rs. 83.31

Jalaram Fuel Centre
Petrol Price: Rs. 85.65 | Diesel Price: Rs. 84.39

Jay Gopal Petroleum
Petrol Price: Rs. 85.09 | Diesel Price: Rs. 83.83

Jaydwarkadhish Petroleum
Petrol Price: Rs. 85.61 | Diesel Price: Rs. 84.35

Jaykhodal Petroleum
Petrol Price: Rs. 84.77 | Diesel Price: Rs. 83.52

Jograna Sons Petroleum
Petrol Price: Rs. 85.16 | Diesel Price: Rs. 83.91

Kirit Traders A-site
Petrol Price: Rs. 84.77 | Diesel Price: Rs. 83.52

Kothari Automobiles - Limda
Petrol Price: Rs. 85.14 | Diesel Price: Rs. 83.88

Kothari Automobiles - Rangola
Petrol Price: Rs. 85.09 | Diesel Price: Rs. 83.83

Lakshveer Petroleum
Petrol Price: Rs. 85.48 | Diesel Price: Rs. 84.22

Manoranjan Sales Services
Petrol Price: Rs. 85.10 | Diesel Price: Rs. 83.85

Marg Fuel Point
Petrol Price: Rs. 84.85 | Diesel Price: Rs. 83.60

Maru Automobiles A-site
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

Parth Filling Station
Petrol Price: Rs. 85.16 | Diesel Price: Rs. 83.91

Planet Petroleum
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

Raj Chamunda Kisan Seva Kendra
Petrol Price: Rs. 85.07 | Diesel Price: Rs. 83.82

Raj Khodal Petroleum
Petrol Price: Rs. 84.94 | Diesel Price: Rs. 83.68

Rajeshwari Petroleum
Petrol Price: Rs. 85.54 | Diesel Price: Rs. 84.28

Rajhans Earthmovers
Petrol Price: Rs. 84.78 | Diesel Price: Rs. 83.52

Saddguru Kisan Seva Kendra
Petrol Price: Rs. 85.19 | Diesel Price: Rs. 83.93

Sagar Laxmi Kisan Seva Kendra
Petrol Price: Rs. 85.31 | Diesel Price: Rs. 84.06

Sainath Petroleum
Petrol Price: Rs. 85.40 | Diesel Price: Rs. 84.14

Sant Bhumi Kisan Seva Kendra
Petrol Price: Rs. 85.45 | Diesel Price: Rs. 84.19

Sant Shree Bajrangdasji Pet.
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

Sarvaiya Petroleum
Petrol Price: Rs. 85.01 | Diesel Price: Rs. 83.76

Satyanarayan Petroleum Co.
Petrol Price: Rs. 84.77 | Diesel Price: Rs. 83.52

Satyanarayan Petroleum Co.-bhav
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

Satyasai Petroleum
Petrol Price: Rs. 84.87 | Diesel Price: Rs. 83.61

Shamla Petroleum
Petrol Price: Rs. 85.81 | Diesel Price: Rs. 84.55

Shiv Fuel Suppliers
Petrol Price: Rs. 85.08 | Diesel Price: Rs. 83.82

Shivaay Petroleum
Petrol Price: Rs. 84.78 | Diesel Price: Rs. 83.53

Shree Auto Service A-site
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

Shree Laxmi Petroleum
Petrol Price: Rs. 84.82 | Diesel Price: Rs. 83.56

Shreeji Gariyadhar Ksk
Petrol Price: Rs. 85.59 | Diesel Price: Rs. 84.33

Shreemaheshwari Fuel
Petrol Price: Rs. 85.84 | Diesel Price: Rs. 84.58

Shreerajchamunda Petroleum
Petrol Price: Rs. 85.86 | Diesel Price: Rs. 84.60

Shri Rajmomai Petroleum
Petrol Price: Rs. 84.94 | Diesel Price: Rs. 83.68

Shri Shakti Ksk
Petrol Price: Rs. 85.66 | Diesel Price: Rs. 84.40

Siddhi Vinayak Fuels
Petrol Price: Rs. 85.03 | Diesel Price: Rs. 83.78

Sitaram Petroleum
Petrol Price: Rs. 84.87 | Diesel Price: Rs. 83.61

Swastik Auto Service (talaja)
Petrol Price: Rs. 85.18 | Diesel Price: Rs. 83.92

T.c.brothers (mahuva)
Petrol Price: Rs. 85.65 | Diesel Price: Rs. 84.39

Trapaj Co-op. Society
Petrol Price: Rs. 72.80 | Diesel Price: Rs. 68.67

Vijay Laxmi Petroleum
Petrol Price: Rs. 85.77 | Diesel Price: Rs. 84.51

Viking Petroleum
Petrol Price: Rs. 85.48 | Diesel Price: Rs. 84.22

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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