Petrol Price in Silvassa

You must monitor daily fluctuations to secure the best fuel deal. In Silvassa, prices usually remain steady, but external factors still cause minor changes. The current petrol rate in Silvassa reflects global crude oil trends and the Union Territory's stable tax policy. Oil Marketing Companies (OMCs) implement daily pricing revisions every morning. This table helps you understand the immediate price volatility in the market.

You need to understand the four primary components that structure the final petrol rate in Silvassa today. The price is not merely the cost of crude oil.

Global Crude Oil Prices

International market fluctuations directly impact the base price OMCs pay. Global supply, geopolitical tensions, and currency values all affect the final cost.

Central Excise Duty

The Union Government levies this fixed-rate tax nationwide. It does not vary by city or state, ensuring uniformity across the country.

State/UT Value Added Tax (VAT)

This is the most crucial local factor affecting the petrol price in Silvassa. Since Dadra and Nagar Haveli and Daman and Diu are a Union Territory, their local VAT rate of approximately 12.75% keeps fuel prices substantially lower than in high-taxing states.

Dealer Commission and Transportation

Oil Marketing Companies pay commissions to the fuel pump owners. Transportation costs from refineries to Silvassa are also added. These costs create slight local variations in the petrol price in Silvassa.

The petrol price in Silvassa is updated daily under the Dynamic Fuel Pricing (DFP) system. OMCs revise the rates at 6:00 AM every morning. This daily revision ensures that you pay a price reflective of the international crude oil market. This system promotes transparency in pricing for all consumers.

You can adopt several practices to minimise your expenditure on petrol price in Silvassa:

• Regularly service your car for better mileage

• Proper tyre pressure improves fuel efficiency by reducing rolling resistance

• Avoid sudden acceleration or harsh braking to conserve fuel

• Pay with co-branded cards or wallets to take advantage of fuel surcharge waivers or cashback rewards