Petrol Price in Haryana Today

Here is everything you need to know about the petrol price in Haryana today. Check the price trend over time and understand the different factors that determine and impact the cost of petrol in Haryana.

The price at which crude oil is purchased makes up the first element that affects the petrol price in Haryana. As the currency conversion rate from Indian Rupee to US Dollar fluctuates every day, the amount spent on purchasing fuel also varies with it. To this, other charges get added such as customs duties, import charges, etc.

When the oil is sent to the refineries, the Oil Marketing Companies (OMCs) add other charges such as refinery transfer price, inland freight price, etc. These charges make up the depot price at which dealers purchase petrol for sale at retail outlets. Once the dealers have the fuel, they add their commission charges as well as the excise duty levied by the Central government and the Value-Added Tax (VAT)/sales tax levied by the Haryana state government to the final price of petrol in Haryana.

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Fuel refilling stations update the petrol price in Haryana on an everyday basis. The new petrol price in Haryana is revised at 6:30 am daily and displayed on the pumps for transparency towards the customers. Moreover, customers can also access the latest petrol price in Haryana through online methods.

In June 2017, a new fuel pricing method called dynamic fuel pricing was adopted across India by all government-operated oil marketing entities. This new system replaced the fortnightly price revision system that was being practised over the last 15 years prior to 2017. The new system was introduced with the intention of reflecting changes in global crude oil prices and conversion rates of currencies in a real-time manner.

GST (Goods and Services Tax) divides goods and services into tax slabs of 5%, 12%, 18%, and 28%. While most items are taxed as per the GST regime, petrol is exempt from it. As a result, there is no impact of the GST system of taxation on the price of petrol in the state of Haryana.

As of November 13, 2024, the petrol price in Haryana was ₹ 96.18 rupees per litre. Meanwhile, the price of diesel was ₹ 84.25. The price difference between petrol and diesel was ₹ 11.93. 

The difference in the prices of the two fuel types stems form the amount of taxes levied on both. Diesel attracts few tax levies since it is used more widely across various sectors in India like agriculture, manufacturing, construction and transportation.  A central excise duty of ₹ 15.33 is charged for diesel, and ₹ 19.48 for petrol. In the state of Haryana, petrol attracts a VAT of ₹ 13.45 per litre.