Petrol Diesel Price Today 18th August 2021: After 32 days there is a change in the price of petrol and diesel. Domestic oil companies on Wednesday cheered diesel, with no change in petrol prices. Diesel prices have been cut by 20 paise in major cities of the country, according to a new release today. Despite this, in more than half of the country, petrol prices have crossed Rs. According to the Indian Oil website, on Wednesday, petrol in Delhi will cost Rs 101.84 per liter and diesel Rs 89.67 per liter.
Find out where the cheapest and cheapest petrol and diesel is sold in any city
|Name of the city||Petrol Rs||Diesel Rs|
|Sri Ganga Nagar||113.2||102.93|
Rajasthan government is charging diesel The highest tax
In Chennai, petrol is now cheaper at Rs 3 per liter, while the Tamil Nadu government has reduced the price of petrol to Rs 3 per liter. Now in the big cities, Chennai is the only city with less than 100 petrol. Let us tell you that the cheapest oil in India is in Port Blair and the most expensive is in Sri Ganganagar, Rajasthan. The Madhya Pradesh government imposes the highest tax of Rs 31.55 on petrol and the Rajasthan government is working on diesel with the highest tax rate of Rs 21.82 in the country. Revenue of Rajasthan government increased by Rs 15,199 crore compared to the previous financial year, to Rs 1800 crore.
The option to cover it in GST is free
Sitaraman said the central government is free to opt for petroleum products to be covered by the GST. Whenever the states are ready for it, it will be brought under the GST. It is believed that with the GST coverage, the tax burden on petroleum products will be reduced and tax on the products will be avoided.
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At the same time, the Rajasthan government is paying Rs 29.88 per liter of petrol and Rs 29.55 from the Maharashtra government. In 2020-21, the Madhya Pradesh government has earned more than Rs 1188 crore, while the government has earned Rs 11,908 crore through petrol and diesel in the last financial year. The Government of Andhra Pradesh is charging Rs 21.78 per liter on diesel, Rs 21.68 per liter on Madhya Pradesh and Rs 20.93 per liter. And Rs 20.85 from Maharashtra Diesel. This information was recently presented in Parliament by Petroleum Minister Hardeep Singh Puri.
This way the petrol and diesel rates will increase
As per the figures of August 16, the central government charges Rs 32.90 per liter of petrol in Delhi and the state government charges Rs 23.50. At the same time, the central government charges Rs 31.80 and the Delhi government imposes a tax on diesel of 13.14. In addition, the Commodity and Dealer Commission is included. Due to this, petrol in Delhi costs Rs. Crude oil prices fell by 2020, but since then, the epidemic has increased, and the central government has increased the excise duty.
Prices are set every morning
In fact, petrol and diesel prices fluctuate on a daily basis based on crude prices in the international market along with foreign exchange rates. Oil market companies set petrol and diesel prices every day after checking prices. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise petrol and diesel rates every day at 6am.
Find petrol and diesel rates in your city
You can also check the price of petrol and diesel daily in your city by SMS. Indian Oil (IOC) customers can send RSP to 9224992249 and HPCL customers to HPPRICE to 9222201122. BPCL customers can send RSP to 9223112222.