This is a break up considering crude oil at 130 $ per barrel. Following
details are for per liter petrol in Rs.
Basic Price = Rs 21.93
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 51.90
For Rs 22 per liter at petrol pumps, we people paying Rs 28 tax extra.
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