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Figures of various taxes and dealer profit that make up the Petrol price are wrongly quoted in the post

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A post with the figures of various taxes and dealer profit that make up the petrol price at a petrol bunk is being shared widely on Facebook. When one goes through those details, one can find that in the petrol price, the State tax is almost twice that of the Central tax. Let’s check the authenticity of those figures.

The archived version of the post can be found here.

Claim: Figures of various taxes and dealer profit that make up the petrol price. In the petrol price, the State tax is twice that of the Central tax.

Fact: In the post, the figures of various taxes and dealer profit that make up the petrol price are wrongly quoted. The Central tax isn’t Rs 13.50. In the past five years, on an average, it is between Rupees 19 and 20. Dealer profit isn’t Rs 4.25, on an average, it is Rs 3.57. Also, the State tax isn’t twice that of the Central tax. So, the claim is FALSE.

When googled to know the details of various taxes that make up the petrol price at a petrol bunk, the ‘Petrol Price Buildup’ put on the website of Indian Oil Corporation Limited was found. The details of it can be seen in the below image. But those details are of Delhi, where the State government levies a tax of 27% on petrol.

In India, the tax levied by each state government is different and those tax rates can be seen on the website of ‘Petroleum Planning and Analysis Cell’ of the Central government. As on November 1, 2019, the tax rates levied by some governments in their respective states are as follows-

Andhra Pradesh: 31% VAT + Rs.2/litre VAT, 

Telangana: 35.20% VAT 

Chattisgarh: 25% VAT + Rs.2/litre VAT

Manipur: 25% VAT

Andhra Pradesh:

Chattisgarh:

Manipur:

From the above details, one can find that the figures of various taxes and dealer profit that make up the petrol price are wrongly quoted in the post. Also, in the petrol price, the State tax isn’t twice that of the Central tax.

To conclude, in the post, the figures of various taxes and dealer profit that make up the petrol price are wrongly quoted.

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1 Comment

  1. Pingback: Figures of various taxes and dealer profit that make up the Petrol price are wrongly quoted in the post - Fact Checking Tools | Factbase.us

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