The base price of diesel before taxes includes several cost components. Here’s a detailed breakdown:
- Crude Oil Cost: ₹40.00 per litre
- OMC Processing Costs: ₹6.42 per litre
- Buffer for Inflation: ₹10.00 per litre
- Diesel Price Before Tax: ₹56.42 per litre
In India, diesel and petrol taxes are imposed by both the central and state governments to generate revenue that supports infrastructure development and national progress.
As a responsible consumer, it’s important to be aware of these price components and tax structures. Remember – fuel stations are not permitted to overcharge beyond the official rates fixed by the state. Staying informed ensures you are charged fairly whenever you purchase fuel.