Friday witnessed one more hike in the prices of petrol and diesel by State-owned oil marketing companies (OMCs). While petrol costs ₹ 88.67 a litre in Mumbai , diesel is priced at ₹ 77.82, according to the daily price notification issued by the OMCs.
In Delhi, the petrol price has been risen to a record ₹ 81.28 a litre, while diesel price increased to ₹ 73.30, which is also at a record high, but lowest among the four metros.
The petrol prices have gone up by over 5 per cent since August 1, while the diesel prices went up by 7 per cent in the same period.
The price build-ups
The price build-up of petrol in Delhi as on September 10, includes an excise duty of ₹ 19.48, dealer commission of ₹ 3.64 and VAT of ₹ 17.16 (including VAT on dealer commission).
In the case of diesel, it was an excise duty of ₹ 15.33, dealer commission of ₹ 2.52 and VAT of ₹ 10.70 (including VAT on dealer commission). Read More