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May 10th, 2016, 06:29 PM
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Hindustan Petroleum Petrol Rates

Hi I would like to have the informant and the various elements which are included in the build up of the petrol prices for Hindustan Petrol prices?

HPCL is a Government of India Enterprise with a Navratna Status, and a Forbes 2000 and Global Fortune 500 organization. It had initially been joined as an organization under the Indian Companies Act 1913. It is recorded on the Bombay Stock trade (BSE) and National Stock Exchange (NSE), India.

HPCL claims and works 2 noteworthy refineries delivering a wide assortment of petroleum energizes and fortes, one in Mumbai of 6.5 MMTPA limit and the other in Visakhapatnam, with a limit of 8.3 MMTPA.

HP Retail Business unit of HPCL is occupied with making accessible car fills/ointments and other worth included administrations for the vehicles/private transport segment the nation over, through a devoted system of Retail Outlets, normally known as Petrol Pumps. The Retail unit is so named, as it includes administering powers of moderately littler volumes to the vehicle fuel tank.

The fundamental items conveyed incorporate Diesel, Petrol, Turbojet, Power, AutoLPG, CNG and oils required for different vehicles, which are supplied at the Petrol pumps. Likewise, Products for cashless exchanges, similar to Co-marked cards, Fleet cards and other loyality cards have been created for the accommodation of clients. The Retail Business unit is likewise in charge of the supply of sponsored Kerosene under the Public Distribution System (PDS) to the assigned wholesalers selected by the State Governments, premise the allotment arrangement gave by the individual State Governments.

Price Build-up of Petrol at HPCL' Retail Pump Outlet at Niti Marg, Delhi

Sr. No.
Elements
Unit
Effective 16th Apr 2016

1
C&F (Cost & Freight) Price of Gasoline (Petrol) BS III equivalent
$/bbl
50.72

2
Average Exchange Rate
r/$
66.41

3
Refinery Transfer Price (RTP) on landed cost basis for BS-IV Petrol
(Price Paid by the Oil Marketing Companies to Refineries)
r/Litre
21.73

4 Price Charged to Dealers (excluding Excise Duty & VAT)
r/Litre
24.42

5 Add : Specific Excise Duty @ r 21.48/Litre
r/Litre
21.48

6 Add : Dealer Commission
r/Litre
2.26

7 Add : VAT (including VAT on Dealer Commission) applicable for Delhi @ 27% r/Litre
13.01

8 Retail Selling Price at Delhi (Rounded Off)
r/Litre
61.18

Note - The Retail Selling Prices may vary across Retail Pump Outlets at Delhi.

Last edited by Neelurk; March 26th, 2020 at 04:10 PM.
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