Petrol Price in Shd Bhagat Singh Ngr Today: Rs. 85.24 - Rs. 92.40

Last Update: Sat, 10 Apr 2021 07:18:04

Petrol & Diesel Price Today in Shd Bhagat Singh Ngr (Punjab)

Petrol Price Today: ₹85.24 * - ₹92.40 [per litre] (as per IOCL)

Diesel Price Today: ₹75.92 - ₹83.39 [per litre] (as per IOCL)

This Price is effective from 10-04-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Shd Bhagat Singh Ngr is 47

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 43.97/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. 19.73/litre
Final Retail Price -(calculation): Rs. 85.24/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Shd Bhagat Singh Ngr (Punjab)

A S Ahluwalia Petroleum Ksk
Petrol Price: Rs. 91.97 | Diesel Price: Rs. 82.99

Amarvir Filling Station-1035
Petrol Price: Rs. 91.86 | Diesel Price: Rs. 82.89

Baba Sarwan Dass Filling Station
Petrol Price: Rs. 92.33 | Diesel Price: Rs. 83.32

Bajaj Oil Store-58
Petrol Price: Rs. 91.99 | Diesel Price: Rs. 83.01

Bhalla Filling Stn.-614
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

Bika Oil Store Ksk
Petrol Price: Rs. 92.01 | Diesel Price: Rs. 83.03

Canal View Fuel Centre-206
Petrol Price: Rs. 92.33 | Diesel Price: Rs. 83.32

Cap. Petroleum-421
Petrol Price: Rs. 92.11 | Diesel Price: Rs. 83.12

Captain Petroleum Chem-59
Petrol Price: Rs. 92.25 | Diesel Price: Rs. 83.25

Chanan Singh Filling Station
Petrol Price: Rs. 91.94 | Diesel Price: Rs. 82.96

Chauhan Kisan Seva Kendr-588
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

Ess Ess Filling Station
Petrol Price: Rs. 92.24 | Diesel Price: Rs. 83.24

Fuel 46
Petrol Price: Rs. 92.16 | Diesel Price: Rs. 83.17

Gurmehar Fuel Centre-229
Petrol Price: Rs. 91.82 | Diesel Price: Rs. 82.85

J C T Filling Station-1004
Petrol Price: Rs. 91.95 | Diesel Price: Rs. 82.98

J J Petroleum-650
Petrol Price: Rs. 91.94 | Diesel Price: Rs. 82.97

Jain And Jain Ksk
Petrol Price: Rs. 91.97 | Diesel Price: Rs. 82.99

Jaspal Filling Stn.-654
Petrol Price: Rs. 92.02 | Diesel Price: Rs. 83.04

Jwalamukhi Filling Stn-60
Petrol Price: Rs. 92.24 | Diesel Price: Rs. 83.24

Kanwal Filling S Station-658
Petrol Price: Rs. 92.35 | Diesel Price: Rs. 83.35

Kasana Filling Station-1017
Petrol Price: Rs. 92.19 | Diesel Price: Rs. 83.19

Krishan Lal Dinesh Kumar-351
Petrol Price: Rs. 91.90 | Diesel Price: Rs. 82.93

Krishna Br F Stn- 548
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

M S Shiv Kalsi Filling Station
Petrol Price: Rs. 92.35 | Diesel Price: Rs. 83.35

Malik Filling Station
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

Model Service Station-77
Petrol Price: Rs. 92.10 | Diesel Price: Rs. 83.11

National Filling Station-391
Petrol Price: Rs. 92.04 | Diesel Price: Rs. 83.06

Nishtha Filling Station-422
Petrol Price: Rs. 92.27 | Diesel Price: Rs. 83.27

Om Filling Station-677
Petrol Price: Rs. 92.09 | Diesel Price: Rs. 83.10

Om Filling Station-adhoc
Petrol Price: Rs. 85.24 | Diesel Price: Rs. 75.92

Paramjit Oil Store-682
Petrol Price: Rs. 91.99 | Diesel Price: Rs. 83.01

Punjab Ag Foodgr Co Lt Be-78
Petrol Price: Rs. 91.87 | Diesel Price: Rs. 82.90

Punjab Agro Industries Corpn. Ltd.
Petrol Price: Rs. 91.87 | Diesel Price: Rs. 82.90

Rai Indianoil-357
Petrol Price: Rs. 92.25 | Diesel Price: Rs. 83.25

Rajinder Oil Stores-688
Petrol Price: Rs. 92.37 | Diesel Price: Rs. 83.36

Rattans Filling Station-195
Petrol Price: Rs. 92.01 | Diesel Price: Rs. 83.03

Sareen Filling Stn.-705
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

Sat Sahib Filling Stn-384
Petrol Price: Rs. 92.26 | Diesel Price: Rs. 83.26

Shiv Filling Station-408
Petrol Price: Rs. 92.25 | Diesel Price: Rs. 83.25

Soeta Filling Station-370
Petrol Price: Rs. 92.16 | Diesel Price: Rs. 83.17

Sohan Service Station-35
Petrol Price: Rs. 91.79 | Diesel Price: Rs. 82.83

Star Petroleums
Petrol Price: Rs. 92.23 | Diesel Price: Rs. 83.23

Sutlej Service Station - Ad Hoc
Petrol Price: Rs. 92.16 | Diesel Price: Rs. 83.17

Sutlej Service Stn-61
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

Swaran Oil Store-722
Petrol Price: Rs. 92.10 | Diesel Price: Rs. 83.11

Swaranjit Filling Stn -750
Petrol Price: Rs. 92.40 | Diesel Price: Rs. 83.39

Waraich Ksk
Petrol Price: Rs. 92.21 | Diesel Price: Rs. 83.21

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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