Petrol Price in Hoshangabad Today: Rs. 92.30 - Rs. 93.37

Last Update: Sat, 16 Jan 2021 07:18:02

Petrol & Diesel Price Today in Hoshangabad (Madhya Pradesh)

Petrol Price Today: ₹92.30 * - ₹93.37 [per litre] (as per IOCL)

Diesel Price Today: ₹82.56 - ₹83.54 [per litre] (as per IOCL)

This Price is effective from 16-01-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Hoshangabad is 44

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 50.57/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. 20.19/litre
Final Retail Price -(calculation): Rs. 92.30/litre *

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

Jai Bhawani Kisan Seva Ken
Petrol Price: Rs. 93.05 | Diesel Price: Rs. 83.24

Adi Yogi Fuels
Petrol Price: Rs. 92.39 | Diesel Price: Rs. 82.64

Banjara Fill Fly
Petrol Price: Rs. 92.72 | Diesel Price: Rs. 82.94

Chandon Kishan Sewa Kendra
Petrol Price: Rs. 93.37 | Diesel Price: Rs. 83.54

Choudhary Indian Oil
Petrol Price: Rs. 92.84 | Diesel Price: Rs. 83.05

Choutlai Kisan Sewa Kendra
Petrol Price: Rs. 92.52 | Diesel Price: Rs. 82.76

Express Filling Station
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

Harsh Vansh Petroleum
Petrol Price: Rs. 92.59 | Diesel Price: Rs. 82.82

Jai Durge Kisan Sewa Kendra
Petrol Price: Rs. 92.46 | Diesel Price: Rs. 82.71

Jai Guru Gajanand Kisan Sewa K
Petrol Price: Rs. 92.71 | Diesel Price: Rs. 82.93

Jaitpur Kisan Sewa Kendra
Petrol Price: Rs. 92.39 | Diesel Price: Rs. 82.64

Kanha Kisan Sewa Kendra
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

Kunj Vihari Petroleum
Petrol Price: Rs. 92.39 | Diesel Price: Rs. 82.64

Laxmi Shakti Filling Station
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

Ma Karma Kisan Sewa Kendra
Petrol Price: Rs. 92.45 | Diesel Price: Rs. 82.70

Maa Gayatri Kisan Sewa Kendra
Petrol Price: Rs. 92.34 | Diesel Price: Rs. 82.60

Maa Vijayasan Kisan Sewa Kend
Petrol Price: Rs. 92.59 | Diesel Price: Rs. 82.83

Makalsuta Kisan Sewa Kendra
Petrol Price: Rs. 92.55 | Diesel Price: Rs. 82.79

Malhotra Bros.
Petrol Price: Rs. 93.05 | Diesel Price: Rs. 83.24

Mehra Indian Oil
Petrol Price: Rs. 93.23 | Diesel Price: Rs. 83.41

Midway Filling Station
Petrol Price: Rs. 92.55 | Diesel Price: Rs. 82.78

Narmada Fuels
Petrol Price: Rs. 93.19 | Diesel Price: Rs. 83.37

New R.fauzdar Service Station
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

Palia Piparia Kisan Sewakendra
Petrol Price: Rs. 93.29 | Diesel Price: Rs. 83.47

Paliwal Petroleum
Petrol Price: Rs. 92.97 | Diesel Price: Rs. 83.17

Police Welfare Filling Station
Petrol Price: Rs. 92.34 | Diesel Price: Rs. 82.60

R D Santulal
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

R.d. Gopichand Sons
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

R.d.s.petroleum
Petrol Price: Rs. 92.33 | Diesel Price: Rs. 82.59

R.fauzdar Service Station
Petrol Price: Rs. 92.34 | Diesel Price: Rs. 82.60

R.r.jaiswal
Petrol Price: Rs. 92.84 | Diesel Price: Rs. 83.05

Rewa Fuel Mart
Petrol Price: Rs. 92.33 | Diesel Price: Rs. 82.59

S.d.jain
Petrol Price: Rs. 92.55 | Diesel Price: Rs. 82.78

Saraswati Fuel Centre
Petrol Price: Rs. 93.23 | Diesel Price: Rs. 83.41

Shiv Shakti Petrol Pump
Petrol Price: Rs. 92.93 | Diesel Price: Rs. 83.14

Shree Satyasai Petroleum
Petrol Price: Rs. 92.39 | Diesel Price: Rs. 82.64

Shreeji Kisan Sewa Kendra
Petrol Price: Rs. 92.75 | Diesel Price: Rs. 82.97

Shri Prem Sai Kisan Sewa Kendr
Petrol Price: Rs. 92.52 | Diesel Price: Rs. 82.76

Shri Shriram Filling Centre
Petrol Price: Rs. 92.30 | Diesel Price: Rs. 82.56

Shri Singaji Kisan Sewa Kendra
Petrol Price: Rs. 92.50 | Diesel Price: Rs. 82.74

Siriya Indianoil
Petrol Price: Rs. 92.64 | Diesel Price: Rs. 82.87

Ss Kisan Sewa Kendra
Petrol Price: Rs. 92.31 | Diesel Price: Rs. 82.57

Tirumala Kisan Sewa Kendra
Petrol Price: Rs. 92.79 | Diesel Price: Rs. 83.01

Vijay Laxmi Kisan Sewa Kendra
Petrol Price: Rs. 92.91 | Diesel Price: Rs. 83.11

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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