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Petrol Price in Assam

Here is the latest information about petrol prices in Assam today. You can also take a look at the different factors that determine and impact the cost of petrol in Assam.

Today's Petrol Price in Assam

₹ 94.55

Current Petrol Price per Litre

What is the Petrol Price in Assam Today?

State
Petrol Price Today (₹)
Assam
94.55

What Factors Determine the Petrol Rates in Assam?

The current global price of crude oil plays a crucial role in determining petrol rates. The latest USD to INR exchange rate also influences petrol costs in India. Further, the oil marketing companies (OMCs) levy charges for import, refinery, processing, and freight, to which dealer commission is added. Next comes the central excise duty that is levied on all petrol products. The last factor to determine the petrol rate in Assam is the state VAT. Every state in India has a different petrol price at any given time. This is because the value-added tax (VAT) levied on petrol prices differs from state to state.

 

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How Often are the Petrol Rates in Assam Revised?

The petrol rates in Assam are revised daily as per the ‘dynamic fuel policy’. Every day at 06 AM IST, the updated petrol price in Assam can be viewed at petrol pumps. You can also know about petrol prices today in Assam by checking on the official apps of oil marketing companies.

What is the Impact of GST on Petrol Rates in Assam?

Petroleum products do not fall in the ambit of the Goods and Services Tax (GST). Hence, the petrol rate in Assam is not influenced by GST. 

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FAQs

  • ✔️What is the petrol price in Assam?

    The petrol price in Assam today (September 30, 2021) is ₹97.25.

  • ✔️Who decides the petrol price in Assam?

    Assam petrol prices are revised daily. The petrol rates in Assam are decided each day by adding a number of variable determinants. These primarily include the global crude oil prices in the market and the INR-USD exchange rate for that day. This is followed by OMC charges for import, refinery, processing, freight, and dealer commission. Other crucial factors influencing petrol rates in Assam are taxes like central excise tax and state-implemented VAT.

  • ✔️Where can I know the latest Assam petrol prices?

    Petrol prices in India are updated daily at 06 AM IST. Once they are updated, you can know the updated Assam petrol price via the apps of oil companies or by visiting your nearest petrol pump.