Petrol, diesel prices pushed to another high by oil marketing companies


Petrol, diesel prices pushed to another high by oil marketing companies

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

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