Petrol Price in Shimoga Today: Rs. 89.90 - Rs. 90.86

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

Petrol & Diesel Price Today in Shimoga (Karnataka)

Petrol Price Today: ₹89.90 * - ₹90.86 [per litre] (as per IOCL)

Diesel Price Today: ₹81.65 - ₹82.52 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Shimoga is 52

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 46.57/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. 21.79/litre
Final Retail Price -(calculation): Rs. 89.90/litre *

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

Abtn Fuels
Petrol Price: Rs. 90.68 | Diesel Price: Rs. 82.37

Alageri Fuels Agro
Petrol Price: Rs. 90.30 | Diesel Price: Rs. 82.01

B.n.kamath Bros
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Balaji Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Bhadra Service Station
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.24

Bhargavi Motor Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Chowty Fuels
Petrol Price: Rs. 90.86 | Diesel Price: Rs. 82.52

Ganesh Filling Station
Petrol Price: Rs. 90.55 | Diesel Price: Rs. 82.24

Harsha Fuels
Petrol Price: Rs. 90.65 | Diesel Price: Rs. 82.34

Hegde Petro Services
Petrol Price: Rs. 89.92 | Diesel Price: Rs. 81.67

Jai Maruthi Sales Service St
Petrol Price: Rs. 90.73 | Diesel Price: Rs. 82.40

Jyothi Service Station
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

K.v.sarojini Giriraj Fuels
Petrol Price: Rs. 90.12 | Diesel Price: Rs. 81.84

Kamadhenu Service Station
Petrol Price: Rs. 90.70 | Diesel Price: Rs. 82.38

Karnataka Service Station
Petrol Price: Rs. 90.69 | Diesel Price: Rs. 82.37

Kavitha Service Center
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

L.k.fuel Services
Petrol Price: Rs. 90.55 | Diesel Price: Rs. 82.24

Lalitha Petroleum
Petrol Price: Rs. 90.28 | Diesel Price: Rs. 81.99

M S.d.v.s.petroleum
Petrol Price: Rs. 90.86 | Diesel Price: Rs. 82.52

Maruthi Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Moodabagilu Fuels
Petrol Price: Rs. 90.68 | Diesel Price: Rs. 82.37

Mookambika Service Station
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.24

Padmashree Service Station
Petrol Price: Rs. 90.70 | Diesel Price: Rs. 82.38

Raghava Fuels
Petrol Price: Rs. 90.05 | Diesel Price: Rs. 81.78

Raja Service Station
Petrol Price: Rs. 90.32 | Diesel Price: Rs. 82.03

S.p.s.fuel Centre
Petrol Price: Rs. 90.66 | Diesel Price: Rs. 82.34

Sahyadri Service Station
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Sahyadri Vividdhodesha Areca
Petrol Price: Rs. 89.92 | Diesel Price: Rs. 81.67

Seven Crores Service Station
Petrol Price: Rs. 90.70 | Diesel Price: Rs. 82.38

Shiva Shakthi Petroleum
Petrol Price: Rs. 90.55 | Diesel Price: Rs. 82.24

Shree Mallikarjuna Service Station
Petrol Price: Rs. 90.55 | Diesel Price: Rs. 82.24

Shree Shiva Fuel Station
Petrol Price: Rs. 90.26 | Diesel Price: Rs. 81.97

Sigandhur Chowdeshwari Fuels
Petrol Price: Rs. 90.55 | Diesel Price: Rs. 82.24

Sn Bhadravathi Premium Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.24

Sree Chamundi Fuels
Petrol Price: Rs. 90.52 | Diesel Price: Rs. 82.21

Sree Ganesh Fuels
Petrol Price: Rs. 89.93 | Diesel Price: Rs. 81.67

Sree H. Ganapathiyappa Fuels
Petrol Price: Rs. 90.55 | Diesel Price: Rs. 82.24

Sree Shankara Service Station
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.24

Sri Basaveshwara Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Sri Guru Petroleum
Petrol Price: Rs. 90.70 | Diesel Price: Rs. 82.38

Sri Gurukrupa Fuels
Petrol Price: Rs. 90.74 | Diesel Price: Rs. 82.42

Sri Gurushakthi Fuels Servic
Petrol Price: Rs. 89.90 | Diesel Price: Rs. 81.65

Sri Ram Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Sri Sai Enterprises
Petrol Price: Rs. 90.86 | Diesel Price: Rs. 82.52

Sri Shesha Sai Fuels
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Sri Shivagiriswamy Service Station
Petrol Price: Rs. 90.70 | Diesel Price: Rs. 82.38

Sri Siddhi Vybhavalakshmi Auto
Petrol Price: Rs. 90.12 | Diesel Price: Rs. 81.84

Sri Venkateshwara Fuel Station
Petrol Price: Rs. 90.66 | Diesel Price: Rs. 82.34

Susheelamma Subramani Service
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.23

Talaguppa Fuels
Petrol Price: Rs. 90.73 | Diesel Price: Rs. 82.40

Unity Service Centre
Petrol Price: Rs. 90.54 | Diesel Price: Rs. 82.24

Vijaya Fuels
Petrol Price: Rs. 90.59 | Diesel Price: Rs. 82.33

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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