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All About Petrol Tax in Jharkhand

What Is the Petrol Tax Levied in Jharkhand?

Currently, the State Government of Jharkhand is continuing with 22% of the VAT on petrol, which has remained unchanged since 2016. The Finance Minister of Jharkhand, Rameshwar Oraon, justified this act of state by stating that the petrol prices are comparatively lower than its neighbouring states.

Take a look at this table mentioned below that highlights the tax rates charged by State and Central Governments and additional components that are involved in making the petrol price in Jharkhand:

Elements

Effective as of 21st October 2022 (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

₹ 5.06 per litre

VAT (levied by the State Government)

₹ 18.12 per litre {22% of (fuel price charged to dealers + excise duty + avg. dealer commission)} (an additional cess of ₹1 per litre is applicable on petrol price)

Retail selling price of petrol at Jharkhand

₹ 100.43 per litre

(Note: The above table serves only 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.)

Who Levies Petrol Tax in Jharkhand?

What Are the Factors Affecting Petrol Tax in Jharkhand?

Is Petrol Tax Same in All Places of Jharkhand?

Frequently Asked Questions