Petrol Price in Chikmagalur Today: Rs. 93.87 - Rs. 95.54

Last Update: Sat, 10 Apr 2021 07:18:05

Petrol & Diesel Price Today in Chikmagalur (Karnataka)

Petrol Price Today: ₹93.87 * - ₹95.54 [per litre] (as per IOCL)

Diesel Price Today: ₹85.96 - ₹87.43 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Chikmagalur is 39

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 49.57/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. 22.76/litre
Final Retail Price -(calculation): Rs. 93.87/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Chikmagalur (Karnataka)

Anjaneya Service Station
Petrol Price: Rs. 94.83 | Diesel Price: Rs. 86.75

B.p.basappa Shetty Sons
Petrol Price: Rs. 94.77 | Diesel Price: Rs. 86.69

Basaveshwara Service Station
Petrol Price: Rs. 94.50 | Diesel Price: Rs. 86.54

Cdmomccs
Petrol Price: Rs. 94.83 | Diesel Price: Rs. 86.75

Chetan Service Station
Petrol Price: Rs. 95.54 | Diesel Price: Rs. 87.43

Damodar Fuel Station
Petrol Price: Rs. 94.14 | Diesel Price: Rs. 86.14

Daya Sagar Fuel Station
Petrol Price: Rs. 94.36 | Diesel Price: Rs. 86.35

Durgamba Service Station
Petrol Price: Rs. 93.92 | Diesel Price: Rs. 85.96

Guthyamma Fuel Station
Petrol Price: Rs. 93.87 | Diesel Price: Rs. 85.96

Kalikamba Devi Petrol Bunk
Petrol Price: Rs. 94.14 | Diesel Price: Rs. 86.14

Krishne Gowda Motor Fuels Ksk
Petrol Price: Rs. 94.30 | Diesel Price: Rs. 86.28

Matrushree Fuel Station
Petrol Price: Rs. 94.97 | Diesel Price: Rs. 86.92

N.b.k.fuel Station
Petrol Price: Rs. 95.04 | Diesel Price: Rs. 86.99

Navarathna Service Station
Petrol Price: Rs. 94.67 | Diesel Price: Rs. 86.61

Nikhil Filling Station
Petrol Price: Rs. 94.83 | Diesel Price: Rs. 86.75

P.a Adyanthaya Sons
Petrol Price: Rs. 94.67 | Diesel Price: Rs. 86.61

Pattabhi Fuels
Petrol Price: Rs. 93.98 | Diesel Price: Rs. 86.00

Prathamika Krushi Pattina Sahakara
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.10

Raghavendra Service Station
Petrol Price: Rs. 94.98 | Diesel Price: Rs. 86.92

Rambhapuri Service Station
Petrol Price: Rs. 94.30 | Diesel Price: Rs. 86.28

Shree Kallanatheshwara Fuel St
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 86.04

Shree Kalleshwara Service Station
Petrol Price: Rs. 94.97 | Diesel Price: Rs. 86.92

Shree Kempammadevi Service Station
Petrol Price: Rs. 94.97 | Diesel Price: Rs. 86.92

Shree Sai Ram Fuels
Petrol Price: Rs. 95.36 | Diesel Price: Rs. 87.28

Shree Udhbava Ganapathi Petrol Bunk
Petrol Price: Rs. 94.50 | Diesel Price: Rs. 86.54

Shri Ballekere Anjaneya Swamy Fuel
Petrol Price: Rs. 94.97 | Diesel Price: Rs. 86.92

Shri Kalmarudeshwara Fuel Centre
Petrol Price: Rs. 94.97 | Diesel Price: Rs. 86.92

Shri Manjunatheshwara Fuel Station
Petrol Price: Rs. 94.98 | Diesel Price: Rs. 86.92

Shri Siddhi Vinayaka Service Stn.
Petrol Price: Rs. 95.14 | Diesel Price: Rs. 87.06

Shruthi Petroleums
Petrol Price: Rs. 95.16 | Diesel Price: Rs. 87.09

Sree Annapooneshwari Servicest
Petrol Price: Rs. 94.83 | Diesel Price: Rs. 86.75

Sri Annapoorneshwari Fuel Station
Petrol Price: Rs. 94.32 | Diesel Price: Rs. 86.37

Sri Annapoorneshwari Fuels
Petrol Price: Rs. 93.98 | Diesel Price: Rs. 86.00

Sri Durgadevi Serivce Station
Petrol Price: Rs. 95.08 | Diesel Price: Rs. 87.07

Sri Manjunatha Eshwari Services
Petrol Price: Rs. 95.24 | Diesel Price: Rs. 87.16

Sri Nidhi Service Station
Petrol Price: Rs. 94.64 | Diesel Price: Rs. 86.63

Sri Someshwara Fuels Station
Petrol Price: Rs. 94.97 | Diesel Price: Rs. 86.92

Sri Veerabhadreshwara Co.
Petrol Price: Rs. 94.36 | Diesel Price: Rs. 86.35

T. Eswarappa Bros
Petrol Price: Rs. 94.98 | Diesel Price: Rs. 86.92

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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