Diesel Price in Chhattisgarh

Diesel Price In Chhattisgarh Today (Apr 19 2024)

The Diesel Price Today is ...

Change In Prices of Diesel in Chhattisgarh (Today & Yesterday)

Diesel Price In Chhattisgarh Today Apr 19 2024

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 Chhattisgarh’s capital have expressed concern about the situation. Diesel prices in Raipur, Chhattisgarh’s capital city, were revised on February 28th, 2021, and stood at Rs.86.25 per litre.

Today, diesel prices are focused in Chhattisgarh on the ‘Dynamic Fuel Pricing’ method of state-owned oil marketing companies (OMCs). Here you can check the current Chhattisgarh diesel price, find the current diesel price, and the quarterly Chhattisgarh price trend. The new diesel price is effective at 0600 hours IST in Chhattisgarh.

You will also learn how diesel prices are calculated in Chhattisgarh and how other states’ prices are compared. The current diesel price and key influencing factors of Chhattisgarh diesel prices in India and the highest and lowest price reported during one month are also presented.

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

• The Diesel price in Chhattisgarh on 1st Oct: Rs. 88.24/litre
• In the last week of Oct, the prices were close to Rs. 87.66/litre, which was also the lowest price that month.
• The trend of change is falling.
• The overall price change reads at -0.66%

Trend of Diesel Price in Madhya Pradesh for Sept 2021 (rates per litre):

• The Diesel price in Madhya Pradesh on 1st Sept: Rs. 82.91/litre
• In the last week of Sept, the prices were close to Rs. 88.30/litre, which was also the highest price that month.
• The trend of change is rising.
• The overall price change reads at +6.31%.

Trend of Diesel Price in Madhya Pradesh for January 2021 (rates per litre):

• The Diesel price in Madhya Pradesh on 1st Jan: Rs. 80.10/litre
• In the last week of Jan, the prices were close to Rs. 82.91/litre.
• The trend of change is rising.
• The overall price change reads at +3.39%.

Trend of Diesel Price in Madhya Pradesh for December 2020 (rates per litre):

• The Diesel price in Madhya Pradesh on 1st December: Rs. 78.43/litre, which was the lowest price that month.
• In the last week of December, the price closed at Rs. 80.10/litre.
• The trend of change is rising.
• The overall price change reads at +2.08%.

Trend of Diesel Price in Madhya Pradesh for November 2020 (rates per litre):

• The Diesel price in Madhya Pradesh on 1st Nov: Rs. 76.41/litre, which was the lowest price that month.
• In the last week of Nov, the price closed at Rs. 78.55/litre.
• The trend of change is rising.
• The overall price change reads at +2.72%.

Trend of Diesel Price in Chhattisgarh for October 2020 (rates per litre):

How often Diesel Rates are Revised in Chhattisgarh

You buy a lot of things in your daily life. Marketers will adjust the prices of the goods they sell. Mobile phone firms, for example, are continually revising the prices of the phones they manufacture and sell. Similarly, OMCs must set and revise the price of diesel per litre. In 2017, India adopted a principle known as dynamic fuel pricing. Dynamic fuel pricing is a method used to reset petrol and diesel prices throughout the world. This process includes IOCL, BPCL, and HPCL to announce a revised diesel rate regularly. The revised fuel rate will be shown at all Chhattisgarh fuel stations.

Factors Affecting Diesel Prices in Chhattisgarh

Domestic Factor

Domestic considerations include excise duty levied by the Central Government and VAT levied by individual states. The excise duty remains constant, while VAT varies by the Indian state. The excise tax in June 2018 was Rs. 15.33 per litre. The Chhattisgarh State Government levied VAT at a rate of 25.81 percent. It was levied at a rate of 18.28% in Bihar and 17.28% in Delhi.

Overseas Factor

The exchange rate, production cuts, seasonal fluctuations, demand and supply, crude oil prices, and other external factors affect. Since OPEC and other countries sell crude oil, the exchange rate of the Indian currency against the US currency is taken into account. When the INR begins to fall in value against the USD, fuel companies will lower domestic fuel prices and vice versa. Poor weather is likely to affect the extraction and distribution of unrefined oil. Finally, the prices of petrol and diesel in Chhattisgarh and other Indian states are affected.

Effect of GST on Chhattisgarh Diesel Price

Goods and Services Tax (GST) is a famous phrase these days. The Indian government launched a single, simplified tax platform last year. GST applies to all consumers in the region. Since diesel does not come under the GST scheme, the new tax regime has no impact on diesel pricing.

Diesel prices in Chhattisgarh will fall as a result of the inclusion of diesel under GST. Consumers would gladly consider this plan, but neither the Central Government nor the states are willing to give up a significant revenue source. Recently, the Oil Minister said, “The Government is willing to reduce diesel and gasoline prices through a long-term solution.”

How are Diesel Prices in Chhattisgarh Responding to GST?

According to market observers, the government can levy GST on petroleum products in addition to VAT.

Diesel Cost versus Petrol Cost in Chhattisgarh

Check the latest Petrol Prices in Chhattishgarh.

News Snippets

Saudi Arabia requests India To Utilise Cheap Oil Bought Last Year To Bring Down Fuel Rates.

FAQs

✅ What is the average Diesel price in Chhattisgarh?

The average Diesel price in Chhattisgarh is ₹ 88.27.

✅ What is the costliest Diesel price in Chhattisgarh?