Petrol costlier in India than US, Pak and Lanka
Quotes

Petrol costlier in India than US, Pak and Lanka

Last Updated: Thursday, September 06, 2012, 17:24
 
 Comment 2
 
New Delhi: Petrol in India costs more than it does in the US as well as neighbouring Pakistan and Sri Lanka, but is cheaper than in Europe.

Diesel rates on the other hand are the cheapest in India.

Petrol in the national capital costs Rs 68.46 per litre as compared to Rs 53.32 a litre in Pakistan, Rs 61.56 in Sri Lanka and Rs 62.25 in Bangladesh.

Nepal, which imports all of its fuel from India, sells petrol at Rs 74.77 per litre, Minister of State for Petroleum and Natural Gas R P N Singh said in a written reply to a question in the Lok Sabha today.

Petrol in US costs Rs 50.44 per litre.

But in Europe, the fuel is much costlier - Rs 105.10 in France, Rs 111.03 in Germany, Rs 114.42 in United Kingdom and Rs 119.69 per litre in Italy.

On the other hand, diesel price of Rs 41.32 a litre in the national capital is lower than Rs 59.56 in Pakistan, Rs 41.36 in Sri Lanka, Rs 49.08 in Bangladesh and Rs 57.91 in Nepal.

In the US, diesel is priced at Rs 54.55 per litre, while it costs Rs 77.84 in France, Rs 83.36 in Germany, Rs 99.38 in UK and Rs 93.11 in Italy.

"Whereas the price of petrol in India is comparable to many of the countries, the price of diesel in India is lower in comparison to the neighbouring and European countries," Singh said.

The difference in rates of petrol and diesel is most due to tax structure - while the government levies Rs 14.78 per litre excise duty on petrol, the levy on diesel is just Rs 2.06 a litre.

Within India, petrol is costliest in Kolkata at Rs 76.15 due to high incidence of local sales tax or VAT. It is lowest in Panjim where it is priced at Rs 57 per litre as Goa government does not levy any VAT on the fuel.

West Bengal government levies a VAT of 26.78 percent while it is 20 percent in Delhi. VAT makes up for Rs 10.94 in the Rs 68.46 per litre price of petrol in the national capital.

Singh said petrol costs Rs 75.92 in Bengaluru, Rs 75.88 in Jalandhar, Rs 75.47 in Guwahati, Rs 75.43 in Hyderabad and Rs 75.15 in Mumbai.

Diesel, on the other hand, is costliest in Mumbai where a litre costs Rs 46.25. Jalandhar has the cheapest priced diesel at Rs 39.97 per litre.

It costs Rs 45.89 in Gandhinagar, Rs 45.70 in Raipur, Rs 45.66 in Bhopal, Rs 45.11 in Bengaluru, Rs 45.10 in Patna and Rs 45.06 in Hyderabad, he said.

Chattisgarh levies 25 percent VAT while Madhya Pradesh charges 24.23 percent. In Mumbai, VAT is 24 percent. Delhi has a VAT of 13.29 while neighbouring Punjab and Haryana levy just 9.08 percent and 9.24 percent sales tax on diesel respectively.

PTI

First Published: Thursday, September 06, 2012, 17:24

Comments

INDIA NEEDS TO ADRESS THE ISSUE OF IMPORTED FUEL AND THE PROBLEM OF FOREIGN CURRENCY AND POLLUTION RELATED TO CARBON MONOXIDE BY BUILDING CAPACITY IN THE PUBLIC TRANSPORT SYSTEM BY RAIL LIKE THE LOCAL TRAINS IN MUMBAI AND CHENNAI AND METRO IN DELHI LOCAL TRAINS LIKE IN MUMBAI AND CHENNAI WOULD BE MORE CHEAPER FOR ALL THE PEOPLE TO ADDRESS THE PROBLEM WITH INDIA IS THAT WE INDIANS ARE NOW MORE INTERESTED TO MAKE MONEY FOR OURSELVES RATHER THAN DOING WORK IN THE INTEREST OF INDIA AND ITS PEOPLE IS THE ISSUE TO BE ADDRESSED BY SOME BODY CORRUPTION HAS BECOME A LARGER PROBLEM WHICH INDIA IS FACING THAT MAKES ALL THE PROJECTS UNVIABLE OR MORE COST OF THE PEOPLE THROUGH TOLL FOR USE OF ROADS AND FLYOVERS FINALLY WHO WOULD RESCUE THIS GREAT COUNTRY IS THE MOOT QUESTION-SAJI DANIEL -COCHIN
WE HAVE BEST LOOTERS IN OUR COUNTRYSCAM AFTER SCAMEVERY THING GETTING COSTLIERWEALTH GRAPH OF POLITICIANS AND BUREAUCRATS IS GOING UPPUBLIC HAS TO VOTE FOR CORRUPTSANNABABA RAM DEVARE MAKING EFFORTS TO ERADICATE CORRUPTION-D.N.MAKHIJA -DELHI....INDIA
First Prev 1 Next Last 

Post your Comments

Name
Place :
Email :  
Comments :  
 
Chevrolet Enjoy
Chevrolet Enjoy
Sony Xperia L
Sony Xperia L
Nokia Asha 210
Nokia Asha 210
Shanghai Auto Show
Shanghai Auto Show
Nokia Lumia 720
Nokia Lumia 720
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee News Limited. All rights reserved