Diesel Price in Arunachal Pradesh

Diesel Price In Arunachal Pradesh Today (Apr 19 2024)

The Diesel Price in Arunachal Pradesh is ...

Diesel is a vital product that is used for a variety of purposes all over the world. It is a significant factor in developing countries like India’s economic growth. Diesel is in equal demand across all Indian states. It is worth noting that India lacks the requisite resources to manufacture diesel and gasoline on its own. The nation borrows a lot of crude oil.

Because of rising crude oil prices, diesel prices in all state capitals have risen beyond the average citizen’s control. Also, diesel buyers in Arunachal Pradesh’s capital have expressed concern about the situation. In Itanagar, Arunachal Pradesh’s capital city, Diesel prices were revised on February 28th, 2021, and stood at Rs.78.94 per litre.

Change In Prices of Diesel in Arunachal Pradesh (Today & Yesterday)

The trend of Diesel Price in Arunachal Pradesh for Oct 2021 (rates per litre):

• The Diesel price in Arunachal Pradesh on 1st Oct: Rs. 78.77/litre
• In the last week of Oct, the prices were close to Rs. 78.02/litre, which was also the lowest price that month.
• The trend of change is falling.
• The overall price change reads at -0.66%

The trend of Diesel Price in Arunachal Pradesh for Sept 2021 (rates per litre):

• The Diesel price in Arunachal Pradesh on 1st Sept: Rs. 73.97/litre
• In the last week of Sept, the prices were close to Rs. 78.77/litre, which was also the highest price that month.
• The trend of change is rising.
• The overall price change reads at +6.31%.

The trend of Diesel Price in Arunachal Pradesh for August 2021 (rates per litre):

• The Diesel price in Arunachal Pradesh on 1st Jan: Rs. 71.27/litre
• In the last week of Aug, the prices were close to Rs. 73.79/litre.
• The trend of change is rising.
• The overall price change reads at +3.39%.

The trend of Diesel Price in Arunachal Pradesh for December 2020 (rates per litre):

• The Diesel price in Arunachal Pradesh on 1st December: Rs. 69.86/litre, which was the lowest price that month.
• In the last week of December, the price closed at Rs. 71.64/litre.
• The trend of change is rising.
• The overall price change reads at +2.08%.

The trend of Diesel Price in Arunachal Pradesh for November 2020 (rates per litre):

• The Diesel price in Arunachal Pradesh on 1st Nov: Rs. 68.12/litre, which was the lowest price that month.
• In the last week of Nov, the price closed at Rs. 70.04/litre.
• The trend of change is rising.
• The overall price change reads at +1.95%.

The trend of Diesel Price in Arunachal Pradesh for October 2020 (rates per litre):

• The Diesel price in Arunachal Pradesh on 1st October: Rs. 68.11/litre, which was the lowest price that month.
• In the last week of Nov, the price closed at Rs. 68.30/litre.
• The trend of change is rising.
• The overall price change reads at +0.95%.

How often Diesel Rates are Revised in Arunachal Pradesh

With the complete implementation of the Dynamic Pricing system, proposed in 2018, the fuel price (diesel and petrol) are revised daily. The rates get an update every day at 0600 hours in the morning, barring any drastic policy change or introducing new taxes. The diesel rate in Arunachal Pradesh stays almost identical.

Before the DPM, the fuel rates used to be revised after a period of 15 days, when the ministry would decide on the price based on all the factors, be it foreign currency rates, or excise duty, or even domestic factors.

Factors Affecting Diesel Prices in Arunachal Pradesh

Crude Oil Prices: Any change in foreign crude oil prices directly impacts crude oil prices in the domestic market. This is the most fundamental reason to blame for any increase in fuel prices in India.

A rise in foreign demand, a low production rate, and any political instability in the world’s crude oil-producing countries significantly affect gasoline prices.

Increased Demand: Financial development in the country and other developing countries has increased the demand for oil and other essential fuels.

The population of private vehicle owners has increased in recent years, leading to an increase in demand for Diesel in India, resulting in a rise in India’s Diesel rates.

Mismatch in Supply and Demand: To meet market demands, Indian oil refinery companies face challenges because the cost input price of crude oil is high, resulting in less supply and higher demand for Diesel in the region.

When supply rises, the price of gasoline falls, and vice versa.

Rupee to Dollar Exchange Rate: The rupee-dollar exchange rate is another crucial factor affecting India’s Diesel price.

Indian oil firms pay in dollars for oil imported from other nations, but their expenses are rupees. As a result, when the rupee falls in value, you would pay more for the USD.

Logistics: It is a significant factor in retail fuel pricing. Diesel and petrol shipped over long distances to cities or regions farther away from depots would be more expensive than those near the oil companies’ storage areas.

State Taxes and Diesel Price in Arunachal Pradesh

The prices of Petroleum products differ depending on local government policies that impose fuel taxes.

As the Indian government increases fuel tax rates, Indian oil firms increase gasoline prices to recover losses and sustain marginal profits in the Indian oil industry.

Effect of GST on Arunachal Pradesh Diesel Price

According to the state government, they would also impose a 2% sales tax surcharge on gasoline and diesel.

The increase in fuel prices sparked uproar from the opposition party, which said that the move would put people out of work.

How are Diesel Prices in Arunachal Pradesh Responding to GST?

The Arunachal Pradesh government raised Diesel and diesel taxes on Wednesday, amid a nationwide lockdown and falling crude oil prices, officials said. According to them, Diesel’s litre now costs Rs 74.9 and a litre of diesel costs Rs 67.5.

“The latest tax rate for Diesel is 31%, or Rs 17.6 per litre, and 22.5 per cent, or Rs 12.5 per litre,” according to a government notification.

Diesel Cost versus Petrol Cost in Arunachal Pradesh

Check the latest Petrol Prices in Arunachal Pradesh.

News Snippets

Arunachal Pradesh slashes petrol, diesel retail rates by over Rs 5/litre.

According to the Arunachal Pradesh government, they will slash petrol and diesel retail prices by more than Rs 5 on Tuesday by lowering VAT.

The decision came amid a commercial transporters’ strike that entered its second day on Wednesday.

FAQs

✅ What is the average Diesel price in Arunachal Pradesh?

The average Diesel price in Arunachal Pradesh is ₹ 78.02/litre.

✅ What is the costliest Diesel price in Arunachal Pradesh?