Petrol Price Breakdown: Over Half Goes to Government in Taxes

• More than half of the petrol price goes to government accounts through taxes, surprising common people.
• For a liter of petrol in Delhi at Rs 94.77, the actual crude oil and refining cost is only Rs 52-56.
• Central government levies an excise duty of Rs 19.90/liter, while states add VAT (e.g., Delhi Rs 15.39).
• Combined, central and state governments earn Rs 35-45 per liter from petrol sales.
• Bringing petrol under 28% GST could drop prices below Rs 70, but governments resist due to revenue loss.