There has often been an increase in the prices of petrol diesel in the country. This morning, excise duty has been increased by the government. After increasing excise duty by two rupees per liter, petrol will be charged with excise duty at the rate of Rs 13 and diesel at Rs 10 per liter. According to the report, many types of taxes are charged on one liter of petrol. In addition to excise duty on the base prize of crude oil, dealers also charge commission, charge and VAT. It is also installed by the Center as well as the governments of the states. But how much tax is charged on this and how its prices are decided, today we will tell you about it. & Nbsp;
How many taxes are added
Fuel prize structure in India is mainly four components. These include tax imposed by the central and state government. In these components, the base prize of crude oil, excise duty, commission of dealer and VAT are also imposed. Crude oil prices, dealers’ rates and excise duty are the same across the country, but VAT prices are varied. Every state has certain VAT rates. This is the reason why there is a difference in the prices of petrol and diesel in every state. & Nbsp;
how much governments charge
If you remove the tax imposed by India and the state government, then the real price of petrol is around Rs 55 per liter. But here too two types of charges are charged, after which the prices of petrol increase. The real price of crude oil is around Rs 40 per liter, with oil companies put processing costs, which is Rs 5.66 per liter. After this, buffer fall inflation is applied at Rs 10 per liter. Then somewhere the real price of petrol is around Rs 55.66 per liter. & Nbsp;
How prices are fixed & nbsp;
We have told you the real price of petrol, let’s now tell how their prices are fixed. If we understand the price of petrol found in Delhi a month before today, then the commission of dealers was Rs 3.77 per liter, the payable price of dealers was Rs 55.66, the excise duty going to the Central Government to Rs 19.90 per liter and the State Government’s VAT was Rs 15.39 per liter. In this way, after all the tax, petrol prices were 94.72 rupees. Oil prices depend on the change in the international market.