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Interesting facts about Petrol in India

While Petrol is being sold in India at around ₹115/ltr (September 2022), you will be amazed to know that Venezuela selling it at just ₹1.75/ltr, while Hongkong selling it at ~237/ltr.

India imports a litre of petrol at ₹47, to which the central govt adds 58% excise tax, while states add another 30% VAT and finally freight and commission charges contribute another 8% to it.

India imports about 85% of its Petrol consumption from countries like Iran, Venezuela and other OPEC countries.

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