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Petrol Tax in Gujarat: Different Types of Taxes Applicable on Petrol

How Much Is the Petrol Tax in Gujarat?

 

The petrol price in Gujarat depends on the daily dynamic fuel pricing. The factors like sales tax or VAT (Value Added Tax) and excise duty form this price. According to a report, the Centre has reduced the excise duty on petrol by ₹5 per litre. This decision has led to a reduction of VAT on petrol in Gujarat by ₹7 per litre.

Several factors contribute to the petrol price in Gujarat. Factors like current petrol VAT rate in Gujarat, retail selling price, dealers commission, excise duty etc. all add up to the cost of petrol as shown in the following table.

Elements

Effective as of 21st October (in ₹ per litre)

Price charged to dealers

₹57.35 per litre

Excise duty (Levied by the Central Government)

₹19.90 per litre

Average dealer commission

₹3.89 per litre

VAT (Levied by the State Government)

₹15.79 per litre {19.46% of (fuel price charged to dealers + excise duty + avg. dealer commission)}

Retail selling price at Gujarat

₹96.93 per litre

(Note: The above table serves as an example to explain the petrol tax breakup, with data taken from reliable and authorised sources, as of 21st October 2022. The actual prices, however, may vary as fuel price, dealer’s commission, cess and other such aspects change periodically. Check the latest petrol prices in Gujarat)

Let’s check who controls the petrol tax rate in Gujrat to understand the concept better.

Who Levies Petrol Tax in Gujarat?

What Are the Factors Affecting Petrol Tax in Gujarat?