Explained: How Are Fuel Prices Calculated In India

Опубликовано: 28 Октябрь 2024
на канале: carandbike

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Fuel prices in India are revised daily based on the changing crude oil prices globally.

The price of petrol and diesel comprises several variables including crude oil prices, central and state government taxes, dealer commission and additional cess. The sum of all these costs is what you pay at the fuel pump. So how exactly do oil marketing companies calculate the retail price? We break it down for you in this video.

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