Stats provided by Groww:
Base Price - 57.95 Rs/Ltr
Freight - 0.22 Rs/Ltr
Excise Duty - 15.80 Rs/Ltr
Dealer Commission - 2.54 Rs/Ltr
VAT - 13.11 Rs/Ltr
Total cost of diesel = 89.62 Rs/Ltr
a Significant source of revenue for the government. Based on this simple calculation approximately 32.3% of the cost is going to the government. This does not even include the various taxes which the government would be collecting from suppliers, commission, SGST and CGST. Simply put fuel to the country is a big fuel for growth to the governments tax revenue.
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