We always think about gasoline price why difference for difference country? than read below process for each country measure gasoline price according to international price.
How to fix the price of gasoline in the country is the whole process:
The current value of Crude = $50/Barrel & $1 = Rs.63/-
1 Barrel = 159 liters
1 Barrel Price = $50 = Rs.3150/-
1 liter of crude oil India buys (3150/159) = 19.80 RS
For 1 liter of petrol should net crude oil 0.96 liters @ 19.80 = 19.00 RS./-
Now a liter of petrol to convert crude oil
There is a fixed cost of Rs 6 (including transportation cost) ..The variable cost of Rs 19.00 + Fixed cost Rs 6 = Rs 25.00 a liter of petrol is made.
Now, in that the central government excise, custom seem like Tex.
25% of all the 6 RS and above the total of 31 of the state's tax VAT.
If we average 15% among than RS 5 and below altogether those are 36 RS.
And finally 0.90 RS Per liter on petrol pump dealers commission Commission rate.
So finally gasoline Price Here is 37 RS.
But today we paid for that around 65 RS so all other charges Payment for Oil Company.
How to fix the price of gasoline in the country is the whole process:
The current value of Crude = $50/Barrel & $1 = Rs.63/-
1 Barrel = 159 liters
1 Barrel Price = $50 = Rs.3150/-
1 liter of crude oil India buys (3150/159) = 19.80 RS
For 1 liter of petrol should net crude oil 0.96 liters @ 19.80 = 19.00 RS./-
Now a liter of petrol to convert crude oil
There is a fixed cost of Rs 6 (including transportation cost) ..The variable cost of Rs 19.00 + Fixed cost Rs 6 = Rs 25.00 a liter of petrol is made.
Now, in that the central government excise, custom seem like Tex.
25% of all the 6 RS and above the total of 31 of the state's tax VAT.
If we average 15% among than RS 5 and below altogether those are 36 RS.
And finally 0.90 RS Per liter on petrol pump dealers commission Commission rate.
So finally gasoline Price Here is 37 RS.
But today we paid for that around 65 RS so all other charges Payment for Oil Company.
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