You are using an older browser version. Please use a supported version for the best MSN experience.

The cheapest and most expensive places to buy petrol, diesel in India

Livemint logoLivemint 14-09-2018 Nikhil Agarwal

© Getty

New Delhi: Prices of petrol and diesel, which are now at all-time record highs, vary from one city to another because of differences in local sales tax or VAT and transportation cost. Across all states and Union Territories, the price of petrol is the highest in Maharashtra and the lowest in the Andaman and Nicobar islands. Diesel vehicle owners pay the most for fuel in Hyderabad at Rs 79.73 for a litre of diesel.

If you are in Port Blair you will be paying only Rs 69.97 for a litre of petrol but the same fuel will make you poorer by Rs 90.45 in —a stark difference of Rs 20. Maharashtra has two VAT slabs. Petrol pumps in Mumbai, Thane and Navi Mumbai have to shell out a VAT of 39.12%, a percentage point less than the rest of the state.

If all state capitals are taken into account, then for petrol—Rs 88.67, followed by Patna Rs 87.46 and Bhopal Rs 87.03.

In Pics: Most expensive and cheapest countries to buy gas in 2018

Top 3 cities with cheapest petrol rates:

Port Blair Rs 69.97

Panjim Rs 74.97

Agartala Rs 79.71

Among all major cities of India, Delhi has the lowest fuel rates—Rs 81.28 for petrol, Rs 73.30 for diesel.

Also watch: Andhra cuts petrol, diesel prices by Rs 2

Replay Video

(Video provided by NDTV)

Prices of diesel across India

In a state if the VAT on petrol is high it does not mean that the VAT on diesel will also be high. Telangana levies the highest VAT on diesel at 26.01%.

As a result, Hyderabad fetches the highest price for diesel—Rs 79.73. Chhattisgarh, Gujarat, Telangana, Kerala are other states where diesel is the most expensive. Diesel costs Rs 78.81 a litre in Amaravati, Rs 78.47 in Thiruvananthapuram, Rs 79.12 in Raipur and Rs 78.66 in Ahmedabad.

had the highest VAT on diesel at 28.08% until the state government reduced the VAT by Rs 2.

Top 3 cities with cheapest diesel prices:

Port Blair Rs 68.58

Itanagar Rs 70.44

Aizawl Rs 70.53

The Andaman and Nicobar islands are the best place to own a vehicle if petrol/diesel cost is taken into account. The Union Territory levies only 6% VAT on both fuels, making it the cheapest across India.

What does petrol, diesel retail price comprise of

Between refinery gate and your vehicle tank, the price of fuel almost doubles due to central excise duty, state sales tax or VAT, transportation cost and dealer commission.

are also likely to be costlier by a few paise if you buy them from private fuel retailers like Reliance Petroleum, Nayara Energy (formerly Essar Oil) and Shell. State-run oil marketing companies like Indian Oil, HPCL and BPCL control about 90% of the market.

Download the Microsoft News app for your Android or iPhone device and get news & live updates on the go. Follow our Finance section in English and Hindi.

More From Livemint

image beaconimage beaconimage beacon