Dear Friends,

In view of the recent brouhaha of petrol and other petroleum products prices going up, I would like to draw your attention to this piece of how much does the petrol cost at the petrol pump.

Considering crude oil at 130 $ per barrel, following is the detail break up of the final price of petrol available at the pumps.

Basic Price = Rs 21.93

Excise duty = Rs 14.35

Education Cess Tax = Rs 0.43

Dealer commission = Rs 1.05

VAT = Rs 5.5

Crude Oil Custom duty = Rs 1.1

Petrol Custom = Rs 1.54

Transportation Charge = Rs 6.00

Total price = Rs 51.90

So for a Rs 22 litre petrol at pumps, we pay Rs 28 tax extra.

The Government is thinking to impose more price hike to curtain with the current crude oil bubble in International oil crisis.

If Central Govt. wish, it can still reduce the price of petrol in the current crisis situation, but it doesn't intend to do so, instead trying to fool the people and Nation. This is the basis LEFT parties are opposing, just generating more profits for the oil marketing companies.

Don't you think you should pass this message to create more awareness among the people.