Petrol Price: Why are we paying Rs. 107.50? Unpacking the real cost

• Petrol and diesel prices vary across states due to differing VAT rates.
• Taxes, dealer commission, and other charges significantly inflate the actual cost of fuel.
• In Delhi, before excise duty reduction, petrol cost Rs. 94.77, with oil companies charging Rs. 53.07 and various taxes adding up.
• Telangana and Andhra Pradesh have higher VAT, leading to petrol prices of Rs. 107.50 and Rs. 109.50 respectively.
• There's a long-standing demand to bring petrol and diesel under GST due to high state taxes.