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Sent: Monday, 25 September 2017 5:02 PM
Subject: Simplified Calculation Chart for Petrol & Diesel Prices in New Delhi - (24th August 2017)
Simplified Calculation Chart for Petrol & Diesel Prices in New Delhi - (24th August 2017)
Petrol Price * Diesel Price Calculation * International Price of Crude Oil with Ocean Freight (as on 24th August 2017) 50$ or Rs 3210 per Barrel 50$ or Rs 3210 per Barrel 1 Barrel of Crude Oil 159 Litre 159 Litre Crude Oil - Cost per Litre Rs 20.19 per Litre Rs 20.19 per Litre Basic OMC Cost Calculation Entry Tax, Refinery Processing, Landing Cost & Other Operational Costs along with Margins Rs 6.03 per Litre Rs 6.38 per Litre OMC Margin, Transportation, Freight cost Rs 3.31 per Litre Rs 2.55 per Litre Basic Cost of Fuel after Refining Cost Rs 29.53 per Litre Rs 29.12 per Litre Additional: Excise Duty as Charged by Central Government Rs 21.48 / Litre on Petrol Rs 17.33 / Lit on Diesel Pricing Charged to Dealers before VAT Rs 51.01 per Litre Rs 46.45 per Litre Calculating Dealer Retail Price - Base Location Delhi Commission to Petrol Pump Dealers Rs 3.23 per Litre Rs 2.17 per Litre Fuel Cost Before VAT (rounded off for approximation) Rs 54.24 per Litre Rs 48.62 per Litre Additional:VAT (Varies from State to State - 27% on Petrol & 16.75% on Diesel + 25p as Pollution Cess with Surcharge) Rs 14.64 / Lit on Petrol Rs 8.44 / Litre on Diesel Final Retail Price as on 24th August 2017 -(calculation) Rs 68.88 per Litre Rs 57.06 per Litre * - Prices as on 24th August 2017-
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