Diesel Price In Chandigarh Today

Diesel Rate in Chandigarh:

Chandigarh is one of the first planned cities in post-independent India. The city is known for its urban design and modern architecture. Chandigarh’s transportation system is well assisted by state-owned buses and other popular public transport vehicles such as taxis and auto rickshaws. With a growing population in the Union Territory, diesel consumption has increased rapidly.

Trend of Diesel Price in Chandigarh for November 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for November 2022:

• Diesel prices opened the month of November standing at the rate of Rs.84.25 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of November in Chandigarh.
• In Chandigarh, the last week of November closed with the price of the fuel standing at the rate of Rs.84.25 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Diesel Price in Chandigarh for October 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for October 2022:

• Diesel prices opened the month of October standing at the rate of Rs.84.25 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of October in Chandigarh.
• In Chandigarh, the last week of October closed with the price of the fuel standing at the rate of Rs.84.25 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Diesel Price in Chandigarh for September 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for September 2022:

• Diesel prices opened the month of September standing at the rate of Rs.84.25 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of September in Chandigarh.
• In Chandigarh, the last week of September closed with the price of the fuel standing at the rate of Rs.84.25 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Diesel Price in Chandigarh for August 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for August 2022:

• Diesel prices opened the month of August standing at the rate of Rs.84.25 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of August in Chandigarh.
• In Chandigarh, the last week of August closed with the price of the fuel standing at the rate of Rs.84.25 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Diesel Price in Chandigarh for July 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for July 2022:

• Diesel prices opened the month of July standing at the rate of Rs.84.25 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of July in Chandigarh.
• In Chandigarh, the last week of July closed with the price of the fuel standing at the rate of Rs.84.25 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Diesel Price in Chandigarh for June 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for June 2022:

• Diesel prices opened the month of June standing at the rate of Rs.84.25 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of June in Chandigarh.
• In Chandigarh, the last week of June closed with the price of the fuel standing at the rate of Rs.84.25 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Diesel Price in Chandigarh for May 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for May 2022:

• Diesel price in Chandigarh opened the month of May standing at the rate of Rs.90.83 per litre.
• The highest diesel rate was recorded on 1 May wherein a litre of diesel was being traded at the rate of Rs.90.83. The lowest price of diesel was recorded from 22 to 31 May when it stood at the rate of Rs.84.25 per litre.
• In Chandigarh, the month of May closed with the price of the fuel standing at the rate of Rs.84.25 per litre. There was an overall declining trend of -7.24% in the performance of diesel price in Chandigarh.

Trend of Diesel Price in Chandigarh for April 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for April 2022:

• Diesel price in Chandigarh opened the month of April standing at the rate of Rs.87.46 per litre.
• The highest diesel rate was recorded on 30 April wherein a litre of diesel was being traded at the rate of Rs.90.83. The lowest price of diesel was recorded on 1 April when it stood at the rate of Rs.87.46 per litre.
• In Chandigarh, the month of April closed with the price of the fuel standing at the rate of Rs.90.83 per litre. There was an overall inclining trend of 3.85% in the performance of diesel price in Chandigarh.

Trend of Diesel Price in Chandigarh for March 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for March 2022:

• Diesel price in Chandigarh opened the month of March standing at the rate of Rs.80.89 per litre. After being stable for weeks, the fuel price witnessed a hike on 22 March.
• The highest diesel rate was recorded on 31 March wherein a litre of diesel was being traded at the rate of Rs.87.46. The lowest price of diesel was recorded from 1 to 21 March when it stood at the rate of Rs.80.89 per litre.
• In Chandigarh, the month of March closed with the price of the fuel standing at the rate of Rs.87.46 per litre. There was an overall inclining trend of 8.12% in the performance of diesel price in Chandigarh.

Trend of Diesel Price in Chandigarh for February 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for February 2022:

• The price of diesel in Chandigarh opened the month of February standing at the rate of Rs.80.89 per litre. There were no fluctuations or changes in the price of the fuel when compared to the closing price of the previous month.
• The price of the fuel stood steady in Chandigarh during the month. In the month of February, the price of the fuel was unaltered, witnessed no fluctuations, and was trading at the rate of Rs.80.89 per litre.
• Diesel closed the month of February while being traded at the rate of Rs.80.89 per litre. The overall performance of the fuel witnessed a stability during the month of February in Chandigarh.

Trend of Diesel Price in Chandigarh for January 2022 (rates per litre):

Monthly Diesel Price Trend in Chandigarh for January 2022:

• The price of diesel in Chandigarh opened the month of January standing at the rate of Rs.80.89 per litre. When compared to the closing price of the fuel of the previous week, there were no changes in the price.
• The price of the fuel stood steady in Chandigarh during the month. It witnessed no fluctuations and stood at the same price point wherein a litre of the fuel was being traded at the rate of Rs.80.89 per litre.
• Diesel closed the month of January while being traded at the rate of Rs.80.89 per litre. The overall performance of the fuel witnessed a stability during the month of January in Chandigarh.

How to Check Daily Diesel Prices in Chandigarh?

Since diesel prices are revised on a daily basis, oil companies have introduced several user-friendly methods to check the current diesel price in Chandigarh as well as other cities in India. The methods below assist consumers to get the latest fuel price in a city.

• Through Mobile Apps: With the advent of smartphones, oil companies have launched their respective mobile apps which offer the current diesel price in a city. Indian Oil customers can use the ‘Fuel@IOC’ app, Bharat Petroleum consumers can utilise the ‘SmartDrive’ app, while Hindustan Petroleum offers services via the ‘MY HPCL’ app.
• Through SMS Service: For those who would like to take advantage of the SMS service, follow the process below to track the current diesel price in Chandigarh.
  • Indian Oil: RSP Dealer Code and send the SMS to 9224992249.
  • Bharat Petroleum: RSP Dealer Code and send the SMS to 9223112222.
  • Hindustan Petroleum: HPPRICE Dealer Code and send SMS to 9222201122.
• Oil Company’s Website: Consumers can visit the respective oil company’s website to get the current fuel price in a city. Fuel companies update their website with today’s diesel price in Chandigarh as well as other cities.

Calculation of Diesel Price in Chandigarh

To understand the calculation of the diesel price better, let’s take an example of the diesel price recorded on 3 June 2018 in Chandigarh.

Factors which Influence the Diesel Price in Chandigarh

Now that we understand that diesel prices are revised on a daily basis, let’s review what factors determine the change in the fuel price. India imports more than 70% of crude oil from oil-producing countries, which makes it an essential and expensive commodity in India. The cost of crude oil forms the primary or base price of the diesel price in India.

• International Crude or Unrefined Oil Rate: Diesel is purchased in its crude form which is then refined and sold in the country. The global crude oil price is dynamic in nature as it changes due to the increase or decrease in production of crude oil. It’s also influenced by a shortage in supply, geopolitical tensions or due to higher demand.
• Currency Conversion Value: Trading of crude oil happens in US dollars, which is dynamic in nature. When the US dollar appreciates over the Indian Rupee, the cost to purchase crude oil increases and vice versa. Hence, the exchange rate of the US dollar is one of the factors which influences the daily revision in diesel prices in India.
• Oil-Companies’ Profit Margin & Dealer Commission: Crude or unrefined oil is shipped from oil-producing countries and is then refined and supplied to fuel stations in the country. Oil companies, therefore, include their profit margin and other operational costs to the diesel price before it’s sold at a fuel station. Also, dealer commission ( commission to fuel station owners) is added to the final selling price of diesel.
• Excise Duty & Value Added Tax (VAT) on Diesel: The sale of diesel attracts the Centre’s excise duty of Rs.15.33 per litre and the states’ local sales tax or VAT. Chandigarh charges VAT at 11.42% on a litre of diesel. The taxes on diesel form the biggest component in the final selling price. A revision in taxes leads to the change in diesel prices across cities in India.

Diesel Vs. Petrol Price in Chandigarh

Diesel prices in India are lower compared to petrol. This is due to the tax rate and other operational costs. While petrol is levied Rs.19.48 per litre as excise duty, diesel is charged Rs.15.33. Also, the VAT differs in petrol and diesel. Chandigarh charges 19.76% for a litre of petrol, while diesel attracts 11.42%.

GST on Diesel in Chandigarh:

The Goods and Service Tax (GST) is a single indirect tax charged on the supply of goods and services in India. However, petroleum products such as diesel and petrol are exempted from the GST. The issue is that the effective VAT on diesel varies from state to state. The effective VAT on diesel ranges from 6% to 29%, which means, every time the global crude oil price increases, the revenue to the State rises.

If diesel is brought under the ambit of GST, states charging lower VAT will witness a sharp incline in the diesel price. Besides, it would hurt the Centre’s tax collection and impact its plans to maintain a fiscal deficit.

Also Check Diesel Price in NearBy Cities of Chandigarh

*Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website.