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Petrol Price Hike Actual Scenario
| Petrol Price Comparision | Rs. | Percentage over One Liter Petrol Price | If Percentage is reduced by half over one liter of Petrol | | | Price of Crude Oil per Barrel | $ 130 | 5,850 | | | | | One Liter Petrol Price Without Tax | | 21.93 | | 21.93 | | | Excise Duty | | 14.35 | 65.44% | 7.13 | 32.50% | | Education Tax | | 0.43 | 1.96% | 0.44 | 2.00% | | Dealer Commision | | 1.05 | 4.79% | 0.55 | 2.50% | | VAT | | 5.50 | 25.08% | 2.74 | 12.50% | | Crude Oil Custom duty | | 1.10 | 5.02% | 0.55 | 2.50% | | Petrol Custom | | 1.54 | 7.02% | 0.77 | 3.50% | | Transportation Charges | | 6.00 | 27.36% | 2.96 | 13.50% | | One Liter Petrol Price with Tax | | 51.90 | | 37.06 | | | Total Tax | | 29.97 | 137% | 15.13 | 69% | | | | | | | | This will be the price of petrol when crude oil is $130 per barrel. Just Think What government can do for us… but who cares… all politicians are making money… they do not take care of ourselvs… |
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