Petrol Price in Chhindware Today: Rs. 100.01 - Rs. 99.99

Last Update: Thu, 15 Apr 2021 07:18:02

Petrol & Diesel Price Today in Chhindware (Madhya Pradesh)

Petrol Price Today: ₹100.01 * - ₹99.99 [per litre] (as per IOCL)

Diesel Price Today: ₹90.45 - ₹90.43 [per litre] (as per IOCL)

This Price is effective from 15-04-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Chhindware is 36

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 56.59/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. 21.88/litre
Final Retail Price -(calculation): Rs. 100.01/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Chhindware (Madhya Pradesh)

Afox Solutions
Petrol Price: Rs. 99.63 | Diesel Price: Rs. 90.10

Aman Petroleum
Petrol Price: Rs. 99.40 | Diesel Price: Rs. 89.89

Ankit Kisan Sewa Kendra
Petrol Price: Rs. 100.28 | Diesel Price: Rs. 90.70

Ardhanarishwar Kisan Sewa Kendra
Petrol Price: Rs. 100.33 | Diesel Price: Rs. 90.76

Arihant Kisan Seva Kendra
Petrol Price: Rs. 100.44 | Diesel Price: Rs. 90.84

Dada Shri Kisan Sewa Kendra
Petrol Price: Rs. 100.31 | Diesel Price: Rs. 90.73

Dhan Laxmi Petroleum
Petrol Price: Rs. 100.11 | Diesel Price: Rs. 90.54

Gaurav Fuels
Petrol Price: Rs. 99.69 | Diesel Price: Rs. 90.15

Gulzar Petroleum
Petrol Price: Rs. 100.11 | Diesel Price: Rs. 90.54

Gurunanak Auto Agencies
Petrol Price: Rs. 99.92 | Diesel Price: Rs. 90.36

J.n.r. Auto Fuels
Petrol Price: Rs. 99.64 | Diesel Price: Rs. 90.11

Jay Ambey Petroleum
Petrol Price: Rs. 99.98 | Diesel Price: Rs. 90.42

Jay Ram Jay Shyam Petroleum
Petrol Price: Rs. 99.99 | Diesel Price: Rs. 90.43

Madan Kisan Seva Kendra
Petrol Price: Rs. 100.37 | Diesel Price: Rs. 90.78

Mahaveer Kisan Seva Kendra
Petrol Price: Rs. 100.35 | Diesel Price: Rs. 90.76

Mann Motors
Petrol Price: Rs. 99.92 | Diesel Price: Rs. 90.36

Manoharlal Sons
Petrol Price: Rs. 100.32 | Diesel Price: Rs. 90.73

Mehta Petroleum Point
Petrol Price: Rs. 99.89 | Diesel Price: Rs. 90.34

Natraj Kisan Seva Kendra
Petrol Price: Rs. 100.13 | Diesel Price: Rs. 90.56

Nokhelal Hiralal Sons
Petrol Price: Rs. 100.17 | Diesel Price: Rs. 90.59

Patrikar Petroleum Point
Petrol Price: Rs. 99.71 | Diesel Price: Rs. 90.18

Petroleum Service Centre
Petrol Price: Rs. 100.01 | Diesel Price: Rs. 90.45

Ritu Petroleum
Petrol Price: Rs. 99.93 | Diesel Price: Rs. 90.38

S.a. Kisan Seva Kendra
Petrol Price: Rs. 99.88 | Diesel Price: Rs. 90.33

Sankalp Kisan Sewa Kendra
Petrol Price: Rs. 100.01 | Diesel Price: Rs. 90.45

Servo Filling Point
Petrol Price: Rs. 99.71 | Diesel Price: Rs. 90.17

Shiv Automobiles (hsd Site)
Petrol Price: Rs. 95.94 | Diesel Price: Rs. 86.08

Shiv Automobiles (ms Site)
Petrol Price: Rs. 96.04 | Diesel Price: Rs. 86.17

Shriya Kisan Sewa Kendra
Petrol Price: Rs. 100.31 | Diesel Price: Rs. 90.72

Shyam Swaroop Petroleum
Petrol Price: Rs. 100.35 | Diesel Price: Rs. 90.76

Soni Auto Centre
Petrol Price: Rs. 99.99 | Diesel Price: Rs. 90.43

Sparsh Petroleum
Petrol Price: Rs. 100.11 | Diesel Price: Rs. 90.54

The Co-operative Mktg. Society Ltd.
Petrol Price: Rs. 100.11 | Diesel Price: Rs. 90.54

Vyankatesh Petroleum
Petrol Price: Rs. 100.44 | Diesel Price: Rs. 90.85

Wankhede Kisan Sewa Kendra
Petrol Price: Rs. 99.98 | Diesel Price: Rs. 90.44

Yogesh Automobiles
Petrol Price: Rs. 100.10 | Diesel Price: Rs. 90.53

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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