Prices of petrol and diesel remained unchanged for the 20th consecutive day on Friday, March 19 as the rates are kept at pause by the oil marketing companies. A surge in the prices was observed in the month of January and February which led to demands for a cut in excise duty. However, you will have to pay different fuel prices in different states as along with the freight charges, taxes also get levied on them by both central and state governments. 60 percent of the retail selling price of petrol is made up of the central and state taxes while it is over 54 percent of diesel. Also, Rs 32.90 per litre of excise duty on petrol is charged by the centre while Rs 31.80 a litre on diesel.
Daily revision of petrol and diesel prices are done with effect from June 15, 2017 based on international rates and foreign exchange rates. However, before June 2017 the rates were revised every fortnight.
Fuel prices in India are revised by the oil marketing companies such as Indian Oil, Bharat Petroleum, etc based on the International rates.
Following are the rates of petrol and diesel in various cities of the country according to Good Returns:
New Delhi: The petrol price stood at Rs 91.17 per litre in the national capital as the rates remained unchanged while the price of diesel is at Rs 81.47 a litre on Friday, March 19.
Mumbai: A person will have to pay Rs 97.57 for a litre of petrol in Mumbai while Rs 88.60 for the same quantity of diesel.
Chennai: Rs 93.11 is the price of petrol per litre which one will have to pay in the city whereas diesel is selling at Rs 86.45 a litre.
Bengaluru: Petrol is being sold at Rs 94.22 per litre in Bengaluru while the rate of diesel stayed at Rs 86.37 for the same quantity.
Kolkata: The purchaser of the fuel will have to pay Rs 91.35 per litre for petrol and Rs 84.35 for the same quantity of diesel in the city.
Hyderabad: In Hyderabad, the rate of petrol stood at Rs 94.79 a litre while diesel is at Rs 88.86 per litre.