Petrol Price in Gwalior Today: Rs. 93.97 - Rs. 94.83

Last Update: Tue, 02 Mar 2021 07:18:03

Petrol & Diesel Price Today in Gwalior (Madhya Pradesh)

Petrol Price Today: ₹93.97 * - ₹94.83 [per litre] (as per IOCL)

Diesel Price Today: ₹84.27 - ₹85.05 [per litre] (as per IOCL)

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

Total number of IOCL Petrol Pump in Gwalior is 57

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 51.87/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. 20.56/litre
Final Retail Price -(calculation): Rs. 93.97/litre *

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

Agarwal Automobiles
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Alapur Petroleum
Petrol Price: Rs. 94.06 | Diesel Price: Rs. 84.35

Arihant Filling Centre
Petrol Price: Rs. 94.57 | Diesel Price: Rs. 84.82

Bhagwandas Brothers
Petrol Price: Rs. 94.57 | Diesel Price: Rs. 84.82

Bhavna Service Centre
Petrol Price: Rs. 94.70 | Diesel Price: Rs. 84.94

Bhumika Filling Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Deluxe Motors
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Engineers Service Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Ganesh Fuel Centre
Petrol Price: Rs. 94.30 | Diesel Price: Rs. 84.57

Gautam Filling Station
Petrol Price: Rs. 94.57 | Diesel Price: Rs. 84.82

Gupteshwar Petro Services
Petrol Price: Rs. 93.97 | Diesel Price: Rs. 84.27

Gurjeet Auto Fuels
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Gwalior Highways Service Station
Petrol Price: Rs. 94.42 | Diesel Price: Rs. 84.68

Gyanichand Badri Prasad Ag Ksk
Petrol Price: Rs. 94.83 | Diesel Price: Rs. 85.06

Harvilas Filling Centre Ksk
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Indra Automobiles
Petrol Price: Rs. 93.97 | Diesel Price: Rs. 84.27

Indraprasth Choudhary F Stn
Petrol Price: Rs. 94.64 | Diesel Price: Rs. 84.88

Indu Filling Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Jain Motors
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Kalindri Filling Station
Petrol Price: Rs. 93.97 | Diesel Price: Rs. 84.27

Kamaljit Singh Filling Centre
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Krishna Service Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Krishnanand Filling Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Lad S Automobile Ser Stn
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Maa Vaishnao Kisan Sewa Kendra
Petrol Price: Rs. 94.23 | Diesel Price: Rs. 84.51

Manish Filling Station
Petrol Price: Rs. 94.57 | Diesel Price: Rs. 84.82

Milan Petroleum
Petrol Price: Rs. 94.43 | Diesel Price: Rs. 84.69

Mishra And Mishra Filling Stat
Petrol Price: Rs. 94.70 | Diesel Price: Rs. 84.94

Mishra Filling Centre
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Modern Automobiles
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Nishtha Filling Station
Petrol Price: Rs. 94.35 | Diesel Price: Rs. 84.62

Om Filling Service
Petrol Price: Rs. 94.42 | Diesel Price: Rs. 84.68

Orient Highways Service
Petrol Price: Rs. 94.83 | Diesel Price: Rs. 85.05

Police Welfare Filling Stn(kampoo)
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Police Welfare Filling Stn.(gwl)
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

R.r. Petroleum
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Rahul Automobiles
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Rajshree Fillings
Petrol Price: Rs. 94.20 | Diesel Price: Rs. 84.48

Sainik Service Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Saiprabhu Kissan Sewa Kendra
Petrol Price: Rs. 94.30 | Diesel Price: Rs. 84.57

Sairam Filling Station
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Sanskriti Filling Station
Petrol Price: Rs. 94.06 | Diesel Price: Rs. 84.35

Sarda Auto Fuel
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Seth Ratilal Bechardas
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Shitala Filling Centre
Petrol Price: Rs. 94.64 | Diesel Price: Rs. 84.88

Shiv Ram Kisan Sewa Kendra
Petrol Price: Rs. 94.68 | Diesel Price: Rs. 84.92

Shiv Surya Filling Center
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Shivam Filling Station
Petrol Price: Rs. 94.57 | Diesel Price: Rs. 84.82

Shivam Services (ksk)
Petrol Price: Rs. 94.17 | Diesel Price: Rs. 84.46

Shivchand Amolakchand
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Shree Bhagwanlal Gyasiram Kisa
Petrol Price: Rs. 94.82 | Diesel Price: Rs. 85.05

Shri Ji Fuels
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

Siddh Vinayak Ksk
Petrol Price: Rs. 94.50 | Diesel Price: Rs. 84.75

Siddhi Vinayak Filling Station
Petrol Price: Rs. 94.35 | Diesel Price: Rs. 84.62

Tiwari Filling Centre Ksk
Petrol Price: Rs. 94.53 | Diesel Price: Rs. 84.79

Vijay Diesels
Petrol Price: Rs. 94.57 | Diesel Price: Rs. 84.82

Yash Automobiles
Petrol Price: Rs. 94.16 | Diesel Price: Rs. 84.44

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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