Petroleum is not a ubiquitous resource and the global market trends - be it the currency exchange rate, demand-supply ratio or the geopolitical scenario, are ever-changing. Also, as the petrol basic price and tax is West Bengal keep updating, it is important that you check the current price in West Bengal before setting out for your day. Here is everything you need to know about the petrol cost in West Bengal and the different factors that determine and influence it.
In West Bengal, the petrol rate is changed daily, according to the dynamic fuel price policy of June 2017. So, every day at 06 AM, dealers at various outlets update the 1 litre petrol price in West Bengal. As a result, the petrol price today in West Bengal can be different from that of yesterday. Do note that for ease of access the petrol price details in West Bengal are displayed on the different fuel stations across West Bengal as well as made available on the website and apps of oil companies.
Earlier petrol prices were updated on a fortnightly basis. As a result, any changes post the first of each month up till the fifteenth of the month, did not affect the end consumer and were borne by OMCs. With the introduction of Dynamic fuel pricing, the fuel prices began to be revised daily. As a result, any changes in the global fuel rates were transferred to the customers at the beginning of each day. This helped OMCs better manage their cash inflows and outflows as well as their current liabilities and assets better.
The Goods and Services Tax (GST) is a uniform tax structure that was introduced in 2017 to serve as an all-inclusive tax. However, petrol prices in West Bengal are not affected by GST as petroleum products are out of the GST purview.
Today, in West Bengal, the petrol price can be checked using any of the channels mentioned below.
1) Check Cost of Petrol in West Bengal via OMC Website
Today the Petrol Rate in West Bengal can be checked by visiting the below-mentioned web pages and clicking on the Pump Locator option.
www.hindustanpetroleum.com
www.bharatpetroleum.in
www.iocl.com
2) Check Current Petrol rate in West Bengal via SMS
Today, the price of petrol in West Bengal can be checked by sending an SMS to the below-mentioned numbers-
For Hindustan Petroleum- “HPPRICE DEALER CODE” to 92222 01122
For Bharat Petroleum- “RSP DEALER CODE” to 92231 12222
For Indian Oil- “RSP DEALER CODE” to 92249 92249
3) Check Price of Petrol in West Bengal Today via Mobile App
The petrol price of West Bengal state can be checked using the apps of noted OMCs.
Hindustan Petroleum - MyHPCL Mini
Bharat Petroleum- SmartDrive
Indian Oil- Fuel@IOC
Alternatively, you can also view the petrol rate in West Bengal today on the Bajaj Markets website and app.
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!
Bank |
Credit Card |
Credit Card Benefits |
State Bank of India |
4.25% Value Back on fuel purchases at BPCL Petrol Pumps |
|
State Bank of India |
7.25% Value Back on fuel purchases at BPCL Petrol Pumps |
|
Axis Bank |
4% Value Back on fuel purchases at Indian Oil Petrol Pumps |
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FAQs about petrol prices in West Bengal
Who decides petrol prices in West Bengal?
The petrol price in West Bengal is primarily decided based on the cost of crude oil, INR/ USD exchange rate fluctuation, interest rates, import and export charges, and charges imposed by oil marketing companies. The final petrol rate in West Bengal is decided by adding payments to the refineries, central excise duty, dealer commission, and VAT.
How far can you go on 1-litre of petrol?
The distance that your vehicle can cover on 1-litre of petrol depends on the mileage or fuel efficiency of your car.
