Check out petrol and dielsel prices in india, how the pricing is calculated and the excise dury / VAT imposed on fuel prices:
http://www.mycarhelpline.com/index.php?option=com_latestnews&view=detail&n_id=417&Itemid=10
Petrol Price * Diesel Price Calculation *
International Price of Crude Oil with Ocean Freight (as on 3rd February 2018) 65.5 $ or Rs 4200 per Barrel 65.5 $ or Rs 4200 per Barrel
1 Barrel of Crude Oil 159 Litre 159 Litre
Crude Oil - Cost per Litre Rs 26.42 per Litre Rs 26.42 per Litre
Basic OMC Cost Calculation
Entry Tax, Refinery Processing, Landing Cost & Other Operational Costs along with Margins Rs 4.75 per Litre Rs 7.5 per Litre
OMC Margin, Transportation, Freight cost Rs 3.31 per Litre Rs 2.87 per Litre
Basic Cost of Fuel after Refining Cost Rs 34.48 per Litre Rs 36.79 per Litre
Additional: Excise Duty + Road Cess as Charged by Central Government
Rs 19.48 / Litre on Petrol Rs 15.33 / Lit on Diesel
Pricing Charged to Dealers before VAT Rs 53.96 per Litre Rs 52.12 per Litre
Calculating Dealer Retail Price - Base Location Delhi
Commission to Petrol Pump Dealers Rs 3.59 per Litre Rs 2.51 per Litre
Fuel Cost Before VAT (rounded off for approximation) Rs 57.55 per Litre Rs 54.63 per Litre
Additional:VAT (Varies from State to State - 27% on Petrol & 16.75% on Diesel + 25p as Pollution Cess with Surcharge) Rs 15.54 / Lit on Petrol Rs 9.44 / Litre on Diesel
Final Retail Price as on 3rd February 2018 -(calculation)