Petrol Price in Rajasthan

0
Petrol Price in India (₹/L)
Diesel
88.66Per Litre

Petrol Price in Rajasthan (Sep 25 2021)

 

₹ 97.79


Current Petrol Price Per Litre

Petrol Price in Rajasthan – Last 10 Days 

Date Petrol ( / litre)
12 Mar 2021 ₹ 97.7
11 Mar 2021 ₹ 97.7
10 Mar 2021 ₹ 97.7
09 Mar 2021 ₹ 97.7
08 Mar 2021 ₹ 97.7
07 Mar 2021 ₹ 97.7
06 Mar 2021 ₹ 97.7
05 Mar 2021 ₹ 97.7
04 Mar 2021 ₹ 97.7
03 Mar 2021 ₹ 97.7

State-wise Petrol Prices

STATE PETROL PRICE
Andhra Pradesh 87.24 ₹/L
Assam 87.24 ₹/L
Bihar 92.91 ₹/L
Chhattisgarh 89.06 ₹/L
Delhi 90.58 ₹/L
Gujarat 87.67 ₹/L
Haryana 88.67 ₹/L
Himachal Pradesh 88.55 ₹/L
Jammu And Kashmir 92.11 ₹/L
Jharkhand 88.06 ₹/L
Karnataka 93.22 ₹/L
Kerala 91.05 ₹/L
Madhya Pradesh 98.64 ₹/L
Maharashtra 97.30 ₹/L
Odisha 91.30 ₹/L
Punjab 89.64 ₹/L
Rajasthan 97.10 ₹/L
Tamil Nadu 93.07 ₹/L
Telangana 94.18 ₹/L
Uttar Pradesh 88.78 ₹/L
Uttarakhand 89.44 ₹/L
West Bengal 91.78 ₹/L

Petrol Prices in Major Cities

CITY PETROL PRICE TODAY
New Delhi ₹ 90.19
Kolkata ₹ 91.41
Mumbai ₹ 96.62
Chennai ₹ 92.25
Gurgaon ₹ 87.53
Noida ₹ 88.11
Bangalore ₹ 93.21
Bhubaneswar ₹ 90.25
Chandigarh ₹ 86.17
Hyderabad ₹ 93.10

Petrol Price In Rajasthan

  • The current Petrol Price in Rajasthan is Rs.97.7 per litre.
  • Today’s Petrol price in Rajasthan is Rs.97.7/litre.

The trend of Petrol Price in Rajasthan for February 2021 (rates per litre):

Parameters Rates/litre
1st February  Rs. 92.59
28th February Rs. 97.79
Highest Rate in February Rs. 97.79 on 28th February
Lowest Rate in February Rs.92.59 on February 3rd
Overall Performance Rapidly Rising
Overall Price Change    +Rs. 5.20

 

Monthly Petrol Price Trend in Rajasthan for February 2021:

  • The petrol price in Rajasthan started at Rs. 92.59 per litre on 1st February
  • In the last week of February, the prices closed at Rs. 97.79 per litre.
  • The overall price change reads at Rs. 5.20.

The trend of Petrol Price in Rajasthan for January 2020 (rates per litre):

Parameters Rates/litre
1st January Rs. 91.17
31st January Rs. 92.59
Highest Rate in January ₹93.94 On January 28
Lowest Rate in January ₹ 91.17 On January 1
Overall Performance Rising
Overall Price Change +Rs. 1.42

 

Monthly Petrol Rate Trend in Rajasthan for January 2020:

  • The petrol price in Rajasthan started at Rs. 91.17 per litre on 1st January
  • In the last week of January, the prices closed at Rs. 92.59 per litre.
  • The overall price change reads at Rs. 1.42.

The trend of Petrol Price in Rajasthan for December 2020 (rates per litre):

Parameters Rates/litre
1st December Rs. 89.55
31st December Rs. 91.17
Highest Rate in December Rs. 91.17 on December 15th
Lowest Rate in December Rs. 89.55 on December 3rd
Overall Performance Rising
Overall Price Change +Rs. 1.62

 

Monthly Petrol Price Trend in Rajasthan for December 2020:

  • The petrol price in Rajasthan started at Rs. 89.55 per litre on 1st December
  • In the last week of December, the prices closed at Rs. 91.17 per litre.
  • The overall price change reads at Rs. 1.62

The trend of Petrol Price in Rajasthan for November 2020 (rates per litre):

Parameters Rates/litre
1st November Rs. 88.15
30th November Rs. 89.55
Highest Rate in November Rs. 89.55 on November 1st
Lowest Rate in November Rs. 88.15 on November 5th
Overall Performance Rising
Overall Price Change +Rs. 1.40

 

Monthly Petrol Price Trend in Rajasthan for November 2020:

  • The petrol price in Rajasthan started at Rs. 88.15 per litre on 1st November
  • In the last week of November, the prices closed at Rs. 89.55 per litre.
  • The overall price change reads at Rs. 1.40.

The trend of Petrol Price in Rajasthan for October 2020 (rates per litre):

Parameters Rates/litre
1st October Rs. 88.15
31st October Rs. 88.15
Highest Rate in October Rs. 88.15 on October 1st
Lowest Rate in October Rs. 88.15 on October 1st
Overall Performance Constant
Percentage Change Rs. 0

 

Monthly Petrol Price Trend in Rajasthan for October 2020:

  • The petrol price in Rajasthan started at Rs. 88.15 per litre on 1st October
  • In the last week of October, the prices closed at Rs. 88.15 per litre.
  • The overall price change reads at Rs. 0.

The trend of Petrol Price in Rajasthan for September 2020 (rates per litre) :

Parameters Rates/litre
1st September Rs. 87.25
30th September Rs. 88.15
Highest Rate in September Rs. 88.15 on 4th September
Lowest Rate in September Rs. 87.25 on 1st September
Overall Performance Rising
Percentage Change 1.02%

 

Monthly Petrol Price Trend in Rajasthan for September 2020:

  • The petrol price in Rajasthan started at Rs. 87.25 per litre on 1st September
  • In the last week of September, the prices closed at Rs. 88.15 per litre.
  • The percentage change reads at 1.02%.

Petrol Rate in Rajasthan

The mean petrol price in Rajasthan following the lowering of the central excise was Rs.68.54 per litre. The highest charge that lately charged was Rs.71.02. In September 2017, Rajasthan’s petrol prices increased by 1.98%. In August 2017, they quickened by 5.41% and by July 2017, that increase was 3.32%. On the first day of June, the petrol price was Rs. 67.22, which later reduced to Rs. 63.51 on the month’s last day. In May 2017, prices were relatively steady throughout the month.

How Frequently is Petrol Price in Rajasthan Reviewed?

The review is occurring daily by proposing a new fuel-pricing practice called dynamic fuel pricing or daily revision. The central government implemented the new pricing method to make fuel-pricing more honest from the consumers’ viewpoint. The contrast between the former and prevailing pricing systems is the rate of revision.

Petrol Costs in Rajasthan and the Other States

Petrol prices cannot be identical over the country. For instance, in Maharashtra, the local government’s tax on petrol is relatively high compared to other states. The average rates of petrol per litre were Rs. 68.54, Rs. 68.40, Rs. 70.89, and Rs. 71.71 in Rajasthan, New Delhi, Tamil Nadu, Ind West Bengal. New Delhi offers the lowest rate. The highest rate is being offered by Maharashtra, succeeded by Tamil Nadu.

How are Petrol Prices in Rajasthan Computed?

Different components of the price breakup of petrol in Rajasthan include the followings:

  • RSP = Price of crude oil (includes freights) + the primary excise + Refinery Transfer Price + OMCs’ profit margin + commission charged by merchants + VAT + pollution cess.
  • Over 80% of India’s crude oil is imported from overseas oil-producing countries. Domestic production only serves the remaining 20%. The expense acquired by Indian oil retailing companies to buy crude oil is called COB (including freight charges). Oil marketing corporations also acquire the refinery transfer price (RTP), refineries charging crude oil into petrol.
  • VAT: Value-added tax is imposed by the state government on petrol. VAT varies from state to state. As of 1 October 2018, the tax rate charged on petrol was 32.91%.

The retail selling price of petrol in Rajasthan is the sum of all the aforementioned cost factors.

Factors Affecting Petrol Prices in Rajasthan

  • Free On Board Price (FOB): The price paid by Indian oil marketing companies to import crude oil from overseas corporations.
  • Freight: The price paid to a transporter for the imported crude oil, is called ocean freight. When ocean freight is added to the FOB price, we get cost and freight price.
  • Import Charges: Import charges comprise of 3 charges: (i) insurance charges, (ii) port dues, and (iii) ocean losses. The premium paid to an insurance service provider (ISP) for the insurance cover is called insurance charges. Port dues are the charges paid for using the facilities of a port.
  • Customs Duty: It is a tax imposed by the government on imported crude oil. As of February 2021, it is charged 2.5% of the cost and freight price.
  • Refinery Transfer Price: It price is the price repaid by oil marketing companies to refineries for buying petrol.
  • Inland Freight: It is the price paid by oil marketing companies for transporting petrol from refineries to retail markets.
  • Depot Price: It is the price paid by retail petrol owners to buy/import petrol from oil marketing companies.
  • Excise Duty: The tax that the central government imposes on petrol. It remains identical throughout the country.

Impact of GST on Petrol Rates in Rajasthan

The GST regime taxes all kinds of goods and services under 4 tax slabs, which are

  • 5%,
  • 12%,
  • 18%, and
  • 28%.

The lowest rate fixed by the GST Council to date is 5%, and the highest rate is 28%. 5 petroleum products, including petrol, have been kept outside the regime of GST. Even though petrol is taxed at the highest rate, the state and central governments’ revenue will be significantly affected. Hence, the GST structure does not impact petrol prices in Rajasthan.

Diesel Costs vs Petrol Costs in Rajasthan

As of 1 March 2021, the mean petrol price was Rs. 93.86, whereas diesel’s mean rate was Rs. 83.86. Petrol rates in the state are expected to marginally rise over the next few months.

News Snippets

Petrol rates at Rs.100/litre for the 1st time in Sri Ganganagar

In Rajasthan’s Sri Ganganagar region, petrol prices have risen to cross the Rs.100 per litre mark for the 1st time at Rs.100.13/litre. This was the first time petrol rates had crossed the Rs.100/litre mark anywhere in the country. In other states, the prices were varying around the Rs.90 per-litre region.

Petrol, diesel prices to get lower in the state after 2% VAT cut

The Rajasthan Government reduced the Value-added tax (VAT) on diesel and petrol by 2%. From now, a VAT of 26% will be applicable on diesel and a VAT of 36% on petrol.

For the last 3 days, the petrol price is Rs. 97.34 per litre and diesel is Rs. 86.02 per litre in Jaipur.

The price of petrol today was Rs. 97.79 and diesel was Rs. 84.62/litre in Jaipur.

If you have any queries regarding the fuel prices in any of the states or union territories of India, please visit Dialabank.

FAQs

What is the average Petrol price in Rajasthan?

The average Petrol price in Rajasthan is ₹ 97.05/litre.

What is the costliest Petrol price in Rajasthan?

The costliest Petrol price in Rajasthan is ₹ 97.79/litre, recorded on 11 March 2021.

What is the lowest Petrol price in Rajasthan?

The lowest Petrol price in Rajasthan is ₹ 92.57/litre, recorded on 11 March 2021.

Which city has the costliest Petrol price in Rajasthan?

Jaipur has the costliest Petrol price in Rajasthan with ₹ 97.79/litre.

Which city has the lowest Petrol price in Rajasthan?

Jaisalmer has the lowest Petrol price in Rajasthan with ₹ 92.57/litre.

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