Petrol Price in Giridih Today: Rs. 88.23 - Rs. 89.00

Last Update: Sat, 10 Apr 2021 07:18:02

Petrol & Diesel Price Today in Giridih (Jharkhand)

Petrol Price Today: ₹88.23 * - ₹89.00 [per litre] (as per IOCL)

Diesel Price Today: ₹85.69 - ₹86.62 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Giridih is 42

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 50.78/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. 15.91/litre
Final Retail Price -(calculation): Rs. 88.23/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Giridih (Jharkhand)

Amarjeet Kisan Sewa Kendra
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 86.22

Baba Automobile
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 86.34

Baba Kenarinath Fuels
Petrol Price: Rs. 88.35 | Diesel Price: Rs. 85.82

Baijnath Babulal
Petrol Price: Rs. 88.30 | Diesel Price: Rs. 85.77

Balwant Fuel
Petrol Price: Rs. 88.43 | Diesel Price: Rs. 85.92

Bateshwar Fuel Station
Petrol Price: Rs. 88.61 | Diesel Price: Rs. 86.14

Ganesh Automobiles
Petrol Price: Rs. 88.23 | Diesel Price: Rs. 85.69

Giridih Tundi Road Automobiles (
Petrol Price: Rs. 88.51 | Diesel Price: Rs. 86.02

Jain Highway Service Station ( )
Petrol Price: Rs. 88.52 | Diesel Price: Rs. 86.03

Jharkhand Dhum Petrol Pump
Petrol Price: Rs. 88.88 | Diesel Price: Rs. 86.47

Jharkhand Service Station
Petrol Price: Rs. 88.61 | Diesel Price: Rs. 86.14

Kesar Service Station ( )
Petrol Price: Rs. 88.61 | Diesel Price: Rs. 86.14

Kisan Service Centre
Petrol Price: Rs. 88.32 | Diesel Price: Rs. 85.79

Kisan Service Station
Petrol Price: Rs. 88.61 | Diesel Price: Rs. 86.14

M S Baldeo Filling Station
Petrol Price: Rs. 88.43 | Diesel Price: Rs. 85.92

Maa Chhinnmastika Fuel
Petrol Price: Rs. 88.69 | Diesel Price: Rs. 86.23

Maa Durga Kisan Seva Kendra
Petrol Price: Rs. 88.88 | Diesel Price: Rs. 86.46

Maa Fuel Service
Petrol Price: Rs. 88.80 | Diesel Price: Rs. 86.37

Maa Shakti Fuel
Petrol Price: Rs. 88.63 | Diesel Price: Rs. 86.17

Mahavir Filling Station
Petrol Price: Rs. 88.37 | Diesel Price: Rs. 85.86

Nayak Automobiles
Petrol Price: Rs. 88.88 | Diesel Price: Rs. 86.47

Om Petroleum
Petrol Price: Rs. 88.37 | Diesel Price: Rs. 85.86

Prasad Sons
Petrol Price: Rs. 88.78 | Diesel Price: Rs. 86.34

Pratistha Pragati Fuel
Petrol Price: Rs. 88.86 | Diesel Price: Rs. 86.44

Prerna Kisan Seva Kendra
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 86.34

Public Kisan Sewa Kendra
Petrol Price: Rs. 88.66 | Diesel Price: Rs. 86.20

Riddhi Siddhi Ksk
Petrol Price: Rs. 88.69 | Diesel Price: Rs. 86.23

Sai Automobiles
Petrol Price: Rs. 88.52 | Diesel Price: Rs. 86.03

Sashwat Fuels
Petrol Price: Rs. 88.50 | Diesel Price: Rs. 86.01

Shanti Automobiles
Petrol Price: Rs. 88.52 | Diesel Price: Rs. 86.03

Shikherjee Services
Petrol Price: Rs. 88.43 | Diesel Price: Rs. 85.92

Shree Kushwaha Fuels
Petrol Price: Rs. 88.67 | Diesel Price: Rs. 86.22

Shree Shikherjee Fuel Centre
Petrol Price: Rs. 88.61 | Diesel Price: Rs. 86.14

Shri Ganesh Automobiles
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 86.34

Shri Krishna Fuel
Petrol Price: Rs. 88.93 | Diesel Price: Rs. 86.54

Shri Parasnath Fuel Station
Petrol Price: Rs. 88.48 | Diesel Price: Rs. 85.98

Sree Ram Automobiles ( )
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 86.34

Sreeram Fuels
Petrol Price: Rs. 88.77 | Diesel Price: Rs. 86.34

Sri Sai Nand Fuels
Petrol Price: Rs. 88.61 | Diesel Price: Rs. 86.14

Suhani Fuels
Petrol Price: Rs. 89.00 | Diesel Price: Rs. 86.62

V S Kisan Seva Kendra
Petrol Price: Rs. 89.00 | Diesel Price: Rs. 86.62

Vinayak Jee Fuel
Petrol Price: Rs. 88.68 | Diesel Price: Rs. 86.22

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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