It is common for the price of petrol and diesel to increase with inflation in the country. People always protest against the rising prices of petrol and diesel in the country, because the increase in the price of petrol and diesel in the country is a big problem. But do you know how much commission the dealer gets on petrol and diesel. Today we will tell you how much commission the dealer gets on 1 liter of petrol.
Why is petrol and diesel needed?
Countries around the world, including India, need petrol and diesel. Because without petrol and diesel, vehicles and factories cannot run. But have you ever wondered why the price of petrol and diesel always increases so rapidly and how much does a dealer earn by selling 1 liter of petrol.
The rate is decided in the international market
Let us tell you that the price of petrol and diesel is decided in the international market. For example, today on July 14, if the price of crude oil is 86.14 US dollars per barrel, let us tell you that there are 159 liters in one barrel. On July 14, the price of one US dollar in the currency market is 73.70 rupees, so in such a situation, the price of one liter of crude oil is 39.92 rupees. On the other hand, after coming to India, this crude oil is refined. There is also an expense during refining. After refining the crude oil, it is given to the dealer. Now after refining, the price of one liter of petrol for the dealer will be 42 rupees. In this, commission of oil companies, entry tax, transportation cost etc. are included.
excise duty
After this process, for example, understand that the dealer is given a commission of Rs 3.66 per liter of petrol. However, these commissions can be changed by the government. According to the information, dealers are currently being given a commission of about 2 percent per liter. A commission of Rs 2.90 per liter on petrol and Rs 1.85 per liter on diesel is being given. After this, the central government imposes excise duty on the price of petrol. The government keeps changing this too. After this, every state imposes VAT on the price of petrol as per its own tax policy, after which the price of petrol is finally decided for the public. In simple language, the petrol for which you pay Rs 100, that oil comes in India at less than half the price and after the imposition of many types of taxes, its price is almost double.
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