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

What Is the Petrol Tax Levied in Odisha?

 

The Odisha Government levies value-added tax (VAT) on petrol, which is a part of the final price. Since VAT rates are different for different states in India, petrol prices vary across the states.

The Central Government slashed excise duty on petrol in late 2021. Following, Odisha reduced the state-levied VAT on petrol, which now stands at 24.58%.

The petrol price remains slightly above ₹100, after the imposition of VAT by the Odisha Government. This price alters daily at 6 a.m. by a few paise, and all fuel stations of Odisha follow the same.

Here is a table comprising an approximate estimate of the petrol price in Odisha (as of 27th Jan 2022)-

Elements

Effective as of 27th Jan (in ₹ per litre)

Price charged to dealers

₹48.23 per litre

Excise duty (Levied by the Central Government)

₹27.90 per litre

Average dealer commission

₹5 per litre

VAT (Levied by the State Government)

₹19.69 per litre {24.58% of (fuel price charged to dealers + excise duty + avg. dealer commission)}

Retail selling price at Telangana

₹101.78 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 27th Jan 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 Odisha).

Who Levies the Petrol Tax in Odisha?

What Are the Factors Affecting Petrol Tax in Odisha?

Is Petrol Tax Same in All Cities of Odisha?

Frequently Asked Questions