Pump price

What’s in a litre of petrol: ₹102.12 in Delhi

Indian Oil’s price build-up for 1 November 2026. Taxes take ₹28.49 of every litre, 27.9% of the price.

Pump price, Delhi₹102.12per litrefrom 1 November 2026

Taxes₹28.4927.9% of the priceCentre ₹11.90 · Delhi ₹16.59

Before tax and dealer₹69.16oil company priceprice to dealer minus excise

A litre of Brent crude₹63.07$107.03/bbl × ₹93.69Brent spot, 2026-11-03

From refinery gate to pump

Oil company price: Refinery-gate price, freight and the oil company’s margin. Central excise: Fixed rupees per litre, same everywhere in India. Dealer commission: What the petrol pump keeps. Delhi VAT: 19.40% on everything above, including excise.

Pump price calculator

Oil company price, ₹/litre 69.16 Central excise, ₹/litre 11.90 Dealer commission, ₹/litre 4.47 State VAT, % 19.40

Pump price₹102.12Tax share27.9%

Because VAT is charged on top of excise, every rupee of central excise adds about ₹1.19 at the pump in Delhi. Try putting excise back to ₹21.90, where it stood before 27 March 2026.

Central excise on petrol

From April 2025: ₹21.90 a litre. Rs 2 a litre increase in April 2025 (absorbed by oil companies).
From 27 March 2026: ₹11.90 a litre. Special additional excise duty cut from Rs 13 to Rs 3 a litre (Notification 05/2026-Central Excise).

Sources

Indian Oil, Price build-up of petrol at Delhi effective 1 November 2026
PSU Watch, 27 March 2026: excise on petrol cut by Rs 10 a litre for domestic consumption
ClearTax, petrol and diesel tax in India: central excise on petrol Rs 11.90 a litre; Delhi VAT 19.40%
Brent spot: US Energy Information Administration via FRED; rupee rate: ECB. One barrel is 158.987 litres. Crude is not petrol: refining, freight and losses sit between the two.

Checked 12 November 2026. Data at /api/pump.json. See also the Shock Lab and the commodities board.