Infographic: Taxes You Pay On Petrol & Diesel

From our friends at
Factly

September 11th, 2017 / 11:50 AM

Representational Image: Khabar India

1. The Central Excise Duty on Petrol increased from Rs 9.48 per liter to Rs 21.48 per liter in the 3 plus years of the BJP government. On the other hand, the duty on Diesel increased by more than 4 times from Rs 3.56 per liter to Rs 17.33 per liter.


Taxes you pay on Petrol & Diesel_central Excise Duty on petrol diesel


2. The State VAT on petrol is at least 25% in 26 states with the highest in Mumbai at 48.98%. The State VAT on diesel is more than 20% in 15 states and highest of 31.06% in Andhra Pradesh.



3. The central government revenue through excise duty on petrol & diesel more than tripled between 2013-14 and 2016-17. During the same period, the state government revenuthrough VAT increased marginally. 



4. In the retail selling price of diesel (in Delhi at IOCL as of 09th September 2017), 44.6% is taxes.


5. In the retail selling price of petrol (in Delhi at IOCL as of 09th September 2017), 51.6% is taxes.



Read more at Factly | Author – Uday Erothu

Share your thoughts..

Related Stories

After Fuel Hike, Non-Subsidised LPG Was Hiked By ₹48; Subsidised By ₹2.34

Taxes You Pay On Petrol & Diesel

Petrol Price Rises To Rs 84.70 In Mumbai; Why Are Fuel Prices Skyrocketing In India?

Petrol

Oil Ministry Plans To Sell Fuel Online; Is It Safe?

Even As Fuel Prices Rise, Govt Earnings From Petroleum Products Increased 3 Times In Last 5 Years: RTI

Fuel Prices Soar To Highest In Years: Petrol Price Crosses Rs 70/Lt In Delhi, Approaches Rs 80/Lt In Mumbai

Latest on The Logical Indian

News

Maharashtra Businessman Allegedly Took Rs 5,400 Crore Loan In The Name Of Farmers

News

AAP Government Files Case Against Delhi Golf Club For Illegally Cutting Over 100 Trees

Awareness

Now Only Pay For Electricity That You Consume; UP Govt Allows Flat Owners Individual Power Connections

My Social Responsibility

For Those Who Have No One, This 31-Yr-Old From Hyderabad Performs Their ‘Last Rites’

Sponsored

Now Address Insurance Related Queries Without Leaving Your Favourite Social Media Platform

Sponsored

Enabling Village – A Community Space To Enable Persons With Disabilities Lead A Dignified Life

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.