Tuesday, June 3, 2008

Petrol Break Up

Find the detail break-up of the Final price of petrol available in pumps. This is a break up considering crude oil at 130 $ per barrel. Following details are for per liter petrol in Rs. Basic Price = 21.93 Excise duty = 14.35 Education Tax = 0.43 Dealer commission = 1.05 VAT = 5.5 Crude Oil Custom duty = 1.1 Petrol Custom = 1.54 Transportation Charge = 6.00 Total price = Rs 51.90 So for a Rs 22 liter petrol at pumps we people pay Rs 28 tax extra. Note: all the figures are approximate and eye opener.

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