Wednesday, July 14, 2010

Calculations of Petrol Prices in India

If the cost price of petrol per litre is Rs 58.90, following is the break up of cost calculated by the government.
Basic Price: Rs 28.93
Excise duty: Rs 14.35
Education Tax: Rs 0.43
Dealer commission: Rs 1.05
VAT: Rs 5.5
Crude Oil Custom duty: Rs 1.1
Petrol Custom: Rs 1.54
Transportation Charge: Rs 6.00
Total price: Rs 58.90

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