Here is everything you need to know about the petrol price in Rajasthan today. Check the price trend over time and understand the different factors that determine and impact the cost of petrol in Rajasthan.
The price at which crude oil is bought has a direct impact on the price at which petrol is sold in Rajasthan. The exchange rate of the Indian Rupee to US dollar, along with the pattern of demand and supply, play a crucial role in deciding this price. Post this, oil marketing companies (OMCs) add freight charges, import charges, customs duty, import parity price, refinery transfer price, and inland freight price to determine the depot price. This is the price that the dealers are charged. Once the petrol has been bought, dealers add their commission along with the excise duty levied by the Central government and the Value-Added Tax (VAT) levied by the Rajasthan state government. The higher these taxes, the higher is the price of petrol in Rajasthan.
Luckily, you can continue to save on petroleum purchases irrespective of the fluctuations in global fuel prices. All you need is a credit card! Yes. It is true! With the right credit card, you can enjoy a fuel surcharge waiver every time you buy petrol at partner fuel stations in the country. So, go ahead and browse the best card options on Bajaj Markets and apply for a credit card, today!
The petrol price per litre in Rajasthan is revised every day. This is owing to the policy of dynamic fuel pricing, which came into effect in 2017. Petrol dealers across the state update the live petrol price in Rajasthan at 6 AM everyday. The same is displayed at the fdifferent fuel stations as well as made available on the websites and apps of oil companies.
While most items fall under the purview of GST, petroleum products do not. Hence, GST has no impact on the price of petrol in the state of Rajasthan. In fact, the taxes levied on petrol are much higher than the highest GST slab of 28%.
When it comes to petrol in Rajasthan, the price is decided based on several factors. These include the price of crude oil, Indian Rupee to US dollar exchange rate, freight charges, import charges, customs duty, import parity price, refinery transfer price, inland freight price, dealer commission, Central excise duty, and Value-Added Tax (VAT) levied by the Rajasthan state government.
The distance you can cover on one litre of petrol depends on the fuel efficiency of your vehicle.