Petrol Rate in Uttarakhand

Petrol Price in Uttarakhand Today

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Petrol Price in Uttarakhand

The cost of crude oil price in the international market along with several other factors influence the petrol rate in Uttarakhand. As the price of petrol in Uttarakhand is updated daily by the oil marketing companies, it is important that you check it regularly post 6 AM. Here is everything you need to know about the petrol price in Uttarakhand today and the different variables that tend to influence it.

Today's Petrol Price in Uttarakhand

₹ 93.99

Current Petrol Price per Litre

What Factors Determine the Uttarakhand Petrol Price Today?

In India, crude oil is exported from the international markets with US dollars. Hence the fluctuating USD/INR exchange rate has a vital role to play during the oil purchase phase. To the purchase cost, the Oil Marketing Companies or OMCs add the applicable charges such as refining charges, transportation costs, profit margin, etc., and pass it on to the dealers. The dealers then add their commission to the petrol rate in Uttarakhand. At the last stage, the state government levies the value-added tax (VAT), while the central government imposes the excise duty.

How Often is the Uttarakhand Petrol Rate Revised?

In Uttarakhand, the petrol rate is revised daily as per the June 2017 policy of dynamic fuel pricing. Fuel outlets across the state reset the price of petrol at 06 AM every day. The daily revision improves competitiveness and ensures transparent fuel pricing. The petrol price for any given day is displayed at the retail outlets across the state. Consumers can also check the petrol price in Uttarakhand on the websites and apps of oil companies.

How Does Dynamic Fuel Pricing Affect Current Petrol Price in Uttarakhand?

In Uttarakhand, the fuel price was earlier updated on the first and sixteenth of the month only. As a result, irrespective of the changes in petrol cost in the global market, the customer didn’t have to pay more than the rate decided every fortnight. With the introduction of Dynamic Fuel Pricing, the OMCs ceased to be the cushion, and the market fluctuations were passed directly to the customer every morning at 06 AM. This allowed OMCs to better manage their functions and cut costs while ensuring that the end customer is synced with the current rate of petrol in Uttarakhand.

What is the Impact of GST on the Rate of Petrol in Uttarakhand?

In Uttarakhand, VAT, excise duty, pollution cess are the taxes applicable on petrol. Petroleum products are out of the purview of the Goods and Services Tax (GST). Thus, there is no impact of GST on petrol rates in Uttarakhand.

How to Check Petrol Price Today in Uttarakhand?

Today, the petrol price in Uttarakhand can be checked using any of the channels mentioned below. Alternatively, you can also view the Uttarakhand petrol rate today on the Finserv MARKETS website and app.

Oil Company

SMS Code

Website

Mobile App

Hindustan Petroleum

“HPPRICE DEALER CODE” to 92222 01122

www.hindustanpetroleum.com

(Click on Pump Locator)

MyHPCL Mini

Bharat Petroleum

“RSP DEALER CODE” to 92231 12222

www.bharatpetroleum.in

(Click on Pump Locator)

SmartDrive

Indian Oil

“RSP DEALER CODE” to 92249 92249

www.iocl.com

(Click on Pump Locator)

Fuel@IOC

Luckily, you can continue to save on petroleum purchases irrespective of the fluctuations in global fuel prices. All you need is a credit card! Yes, it is true! With the right credit card, you can enjoy a fuel surcharge waiver every time you buy petrol at partner fuel stations in the country. So, go ahead and browse the best card options on Finserv MARKETS and apply for a credit card, today!

What are the Top Fuel Credit Cards?

Bank

Credit Card

Credit Card Benefits

State Bank of India

SBI BPCL Credit Card

4.25% Value Back on fuel purchases at BPCL Petrol Pumps

State Bank of India

SBI BPCL Octane Credit Card

7.25% Value Back on fuel purchases at BPCL Petrol Pumps

Axis Bank

Axis INDIAN OIL Credit Card

4% Value Back on fuel purchases at Indian Oil Petrol Pumps

Citibank

Citi Indian Oil Credit Card

1% fuel surcharge reversal at Indian Oil Petrol Pumps

FAQs related to Petrol Price in Uttarakhand

  • ✔️Who decides the petrol price in Uttarakhand?

    The petrol price in Uttarakhand is decided based on multiple factors. These include the global cost of crude oil, INR/USD exchange rate, import and export charges, refinery fees, transportation costs, OMC profits, dealer commission, central excise duty, and value-added tax (VAT) levied by the state government.

  • ✔️How far can you go on 1-litre of petrol?

    It depends on the mileage or fuel efficiency. A two-wheeler vehicle can run almost 40 km on 1 litre of petrol. On the other hand, a four-wheeled vehicle can run for 15-20 km in 1 litre.

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