Petrol Price in Nanded Today: Rs. 92.73 - Rs. 95.09

Last Update: Fri, 15 Jan 2021 07:18:03

Petrol & Diesel Price Today in Nanded (Maharashtra)

Petrol Price Today: ₹92.73 * - ₹95.09 [per litre] (as per IOCL)

Diesel Price Today: ₹81.77 - ₹84.01 [per litre] (as per IOCL)

This Price is effective from 15-01-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Nanded is 53

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 52.64/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. 18.55/litre
Final Retail Price -(calculation): Rs. 92.73/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Nanded (Maharashtra)

Abhijeet Petroleum
Petrol Price: Rs. 93.22 | Diesel Price: Rs. 82.23

Anusaya Filling Station
Petrol Price: Rs. 93.87 | Diesel Price: Rs. 82.85

Arya Petroleum
Petrol Price: Rs. 93.48 | Diesel Price: Rs. 82.48

Balaji Servo Filling Station
Petrol Price: Rs. 93.87 | Diesel Price: Rs. 82.85

Bhavani Petrolium
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Dashmesh Servo Filling Stn
Petrol Price: Rs. 93.50 | Diesel Price: Rs. 82.50

Deep Naresh Servo Petroleum
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Deshmukh Petroleum
Petrol Price: Rs. 93.59 | Diesel Price: Rs. 82.59

Dutta Servo Petroleum
Petrol Price: Rs. 92.96 | Diesel Price: Rs. 81.99

Ganga Yamuna Servo Care
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Ghuman Servo Filling Station
Petrol Price: Rs. 93.61 | Diesel Price: Rs. 82.61

Girish Deshmukh Servo Kisan Se
Petrol Price: Rs. 95.09 | Diesel Price: Rs. 84.01

Govind Kisan Seva Kendra
Petrol Price: Rs. 93.40 | Diesel Price: Rs. 82.41

Gundegaonkar Ksk
Petrol Price: Rs. 93.46 | Diesel Price: Rs. 82.46

Gundegaonkar Servo City Filling Stn
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Guru Gobind Singhji Petroleum
Petrol Price: Rs. 93.46 | Diesel Price: Rs. 82.46

Guru Prasad Servo Filling Stat
Petrol Price: Rs. 93.49 | Diesel Price: Rs. 82.49

Gurukrupa Servo Petroleum
Petrol Price: Rs. 92.94 | Diesel Price: Rs. 81.96

Harsaran Singh Servo Centre
Petrol Price: Rs. 93.66 | Diesel Price: Rs. 82.65

Indumati Servo Filling Centre
Petrol Price: Rs. 93.48 | Diesel Price: Rs. 82.48

M S Shri Sai Servo Care
Petrol Price: Rs. 93.58 | Diesel Price: Rs. 82.57

Mahrashtra Auto Service
Petrol Price: Rs. 93.31 | Diesel Price: Rs. 82.33

Mala Petroleum
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Manikrao Prabhu Petoleum
Petrol Price: Rs. 93.47 | Diesel Price: Rs. 82.47

N.r Petroleum Ksk
Petrol Price: Rs. 93.21 | Diesel Price: Rs. 82.23

N.r.gudgilla-narsiphata
Petrol Price: Rs. 93.48 | Diesel Price: Rs. 82.48

Nilkanthrao Pawde Servo Ksk
Petrol Price: Rs. 93.47 | Diesel Price: Rs. 82.47

Prabhavati Servo Centre
Petrol Price: Rs. 93.33 | Diesel Price: Rs. 82.34

Prayag Servo Petro Services
Petrol Price: Rs. 93.19 | Diesel Price: Rs. 82.20

Priya Darsani Automobiles-d'bad
Petrol Price: Rs. 95.09 | Diesel Price: Rs. 84.01

Ramji Automobiles
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Royal Petroleum
Petrol Price: Rs. 93.72 | Diesel Price: Rs. 82.71

Rushi Automobiles-loha
Petrol Price: Rs. 93.19 | Diesel Price: Rs. 82.20

Sachkhand Petroleum
Petrol Price: Rs. 93.34 | Diesel Price: Rs. 82.35

Sai Kisan Seva Kendra
Petrol Price: Rs. 93.72 | Diesel Price: Rs. 82.71

Saibaba Kisan Seva Kendra
Petrol Price: Rs. 93.32 | Diesel Price: Rs. 82.34

Saiprasad Servo Filling Station
Petrol Price: Rs. 93.55 | Diesel Price: Rs. 82.55

Sant Dasganu Maharaj Ksk
Petrol Price: Rs. 94.64 | Diesel Price: Rs. 83.58

Shivprasad Servo Centre
Petrol Price: Rs. 93.14 | Diesel Price: Rs. 82.15

Shivshankar Petroleum
Petrol Price: Rs. 93.46 | Diesel Price: Rs. 82.46

Shree Sairaj Petroleum
Petrol Price: Rs. 93.47 | Diesel Price: Rs. 82.47

Shree Venkatesh Petroleum Ksk
Petrol Price: Rs. 93.16 | Diesel Price: Rs. 82.17

Shri Krishna Ksk
Petrol Price: Rs. 93.72 | Diesel Price: Rs. 82.71

Shri Salasar Petroleum
Petrol Price: Rs. 93.53 | Diesel Price: Rs. 82.53

Siddheshwar Servo Ksk
Petrol Price: Rs. 93.34 | Diesel Price: Rs. 82.35

Swaraj Maharashtra Petroleum
Petrol Price: Rs. 93.61 | Diesel Price: Rs. 82.61

Trimurti Filling Centre
Petrol Price: Rs. 92.73 | Diesel Price: Rs. 81.77

Tulja Bhavani Petroleum
Petrol Price: Rs. 93.66 | Diesel Price: Rs. 82.65

Virushal Petroleum
Petrol Price: Rs. 93.61 | Diesel Price: Rs. 82.61

Vishwanath Servo Kisan Seva Ke
Petrol Price: Rs. 93.18 | Diesel Price: Rs. 82.19

Vyankateshvara Petroleum
Petrol Price: Rs. 92.96 | Diesel Price: Rs. 82.00

Wadkute Petroleum
Petrol Price: Rs. 93.66 | Diesel Price: Rs. 82.65

Yogesh Petroleum Ksk
Petrol Price: Rs. 93.61 | Diesel Price: Rs. 82.61

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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