Petrol Price in Morbi Today: Rs. 83.51 - Rs. 84.45

Last Update: Sun, 07 Mar 2021 07:18:03

Petrol & Diesel Price Today in Morbi (Gujarat)

Petrol Price Today: ₹83.51 * - ₹84.45 [per litre] (as per IOCL)

Diesel Price Today: ₹82.29 - ₹83.22 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Morbi is 46

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 47.48/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. 14.49/litre
Final Retail Price -(calculation): Rs. 83.51/litre *

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

Adityaraj Petroleum
Petrol Price: Rs. 84.13 | Diesel Price: Rs. 82.90

Ahir Petroleum
Petrol Price: Rs. 84.04 | Diesel Price: Rs. 82.81

Akshay Petroleum
Petrol Price: Rs. 84.00 | Diesel Price: Rs. 82.77

Allied Indus. Ag.a-site
Petrol Price: Rs. 83.59 | Diesel Price: Rs. 82.36

Ashirvad Petroleum
Petrol Price: Rs. 83.84 | Diesel Price: Rs. 82.61

Chhotalal Co.-unit Ii
Petrol Price: Rs. 83.94 | Diesel Price: Rs. 82.71

Coco Mitana
Petrol Price: Rs. 83.51 | Diesel Price: Rs. 82.29

Coco Nava Shardulka
Petrol Price: Rs. 83.87 | Diesel Price: Rs. 82.64

Dharmraj Kisan Seva Kendra
Petrol Price: Rs. 84.41 | Diesel Price: Rs. 83.17

Dhavadi Petroleum
Petrol Price: Rs. 84.13 | Diesel Price: Rs. 82.90

Ekling Petroleum
Petrol Price: Rs. 84.09 | Diesel Price: Rs. 82.86

Garib Nawaz Petroleum
Petrol Price: Rs. 83.69 | Diesel Price: Rs. 82.46

Global Kisan Seva Kendra
Petrol Price: Rs. 83.66 | Diesel Price: Rs. 82.43

Gokulesh Petroleum
Petrol Price: Rs. 84.45 | Diesel Price: Rs. 83.22

Henil Petroleum
Petrol Price: Rs. 83.99 | Diesel Price: Rs. 82.76

J K Sons Petroleum
Petrol Price: Rs. 83.99 | Diesel Price: Rs. 82.76

Jay Khodiyar Service Station
Petrol Price: Rs. 84.13 | Diesel Price: Rs. 82.90

Jro Maliya(adhoc_kailash Auto)
Petrol Price: Rs. 84.13 | Diesel Price: Rs. 82.90

Khwaja Petroleum
Petrol Price: Rs. 83.69 | Diesel Price: Rs. 82.46

Mahadev Petroleum
Petrol Price: Rs. 83.87 | Diesel Price: Rs. 82.64

Nilkanth Petro Club
Petrol Price: Rs. 83.94 | Diesel Price: Rs. 82.71

Nirmal Jyoti Petroleum
Petrol Price: Rs. 83.94 | Diesel Price: Rs. 82.71

Noble Kisan Seva Kendra
Petrol Price: Rs. 83.84 | Diesel Price: Rs. 82.61

Omkar Fuel Station
Petrol Price: Rs. 83.94 | Diesel Price: Rs. 82.71

Patidar Petroleum
Petrol Price: Rs. 84.45 | Diesel Price: Rs. 83.22

Pavandev Petroleum
Petrol Price: Rs. 84.21 | Diesel Price: Rs. 82.97

Radhey Petroleum
Petrol Price: Rs. 83.93 | Diesel Price: Rs. 82.70

Raj Rajeshwari Petroleum
Petrol Price: Rs. 83.58 | Diesel Price: Rs. 82.35

Ramdoot Petroleum
Petrol Price: Rs. 84.30 | Diesel Price: Rs. 83.06

Rameshwar Petroleum
Petrol Price: Rs. 83.87 | Diesel Price: Rs. 82.64

Sahkar Kisan Seva Kendra
Petrol Price: Rs. 83.94 | Diesel Price: Rs. 82.71

Sankalp Kisan Seva Kendra
Petrol Price: Rs. 83.86 | Diesel Price: Rs. 82.63

Sardar Patel Petroleum
Petrol Price: Rs. 84.01 | Diesel Price: Rs. 82.77

Shiv Petroleum Kisan Seva Kendra
Petrol Price: Rs. 84.42 | Diesel Price: Rs. 83.19

Shiv Shakti Petroleum
Petrol Price: Rs. 84.11 | Diesel Price: Rs. 82.88

Shivkrupa Petroleum
Petrol Price: Rs. 84.11 | Diesel Price: Rs. 82.87

Shree Narayan Petroleum
Petrol Price: Rs. 84.34 | Diesel Price: Rs. 83.11

Shri Maliya Taluka Co-op. S P
Petrol Price: Rs. 84.13 | Diesel Price: Rs. 82.90

Shri Parishram Filling Station
Petrol Price: Rs. 84.34 | Diesel Price: Rs. 83.11

Shrinathji Petroleum
Petrol Price: Rs. 83.84 | Diesel Price: Rs. 82.61

Siddhi Vinayak Auto Fuels
Petrol Price: Rs. 83.62 | Diesel Price: Rs. 82.39

Silver Shine Pet.ksk
Petrol Price: Rs. 83.89 | Diesel Price: Rs. 82.66

Suresh Petroleum
Petrol Price: Rs. 84.13 | Diesel Price: Rs. 82.90

Suyash Petroleum
Petrol Price: Rs. 83.94 | Diesel Price: Rs. 82.71

Taral Petroleum
Petrol Price: Rs. 84.00 | Diesel Price: Rs. 82.77

Tulsi Kisan Sewa Kendra
Petrol Price: Rs. 83.93 | Diesel Price: Rs. 82.70

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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