Diesel Price In Jaipur Today

Daily Diesel Rates
Date Diesel ( / liter)
16 Dec 2018 ₹ 66.8
15 Dec 2018 ₹ 66.8
14 Dec 2018 ₹ 66.8
13 Dec 2018 ₹ 66.89
12 Dec 2018 ₹ 66.89
11 Dec 2018 ₹ 66.89
10 Dec 2018 ₹ 67.1
09 Dec 2018 ₹ 67.83
08 Dec 2018 ₹ 67.83
07 Dec 2018 ₹ 67.83

Diesel Price in Jaipur

Jaipur is the capital city of Rajasthan. The city has seen tremendous a growth rate in all aspects, including commercial productions. The steady distribution of diesel is extremely important. Otherwise, commercial activities will be negatively impacted. The oil companies in India have a major role to play in ensuring the consistent distribution of diesel, petrol and even petroleum products. Diesel can be used for several purposes unlike petrol. The pricing of diesel is done considering the regular variations in the currency value and crude oil costs.

Previous Diesel Price in Jaipur

The average price of diesel in the city of Jaipur was Rs.67.40 per litre in March 2018. The fuel was sold at Rs.68.63 per litre at the beginning of February 2018. At the end of the month, it dropped to Rs.66.56 per litre. On 6 February 2018, the highest fuel price was recorded at Rs.68.75 per litre. The lowest price was logged at Rs.66.56 per litre on 25 February 2018. On 1 January 2018, the fuel rate was Rs.63.89 per litre. It was up 6.76% to Rs.68.52 per litre on the closing day. The lowest price was recorded at Rs.63.89 per litre and the highest price at Rs.68.52 per litre.

Also Know: Petrol Price In Jaipur

A Study of State and Central Taxes

There are two forms of taxes, which are imposed on diesel. The excise duty is the first category and the second category is the local tax. The Government of India (GOI) levies the excise duty whereas the Value-added Tax (VAT) is charged by respective state governments. As of February 2018, the central levy on diesel had been Rs.15.33 per litre. It was Rs.17.33 per litre in August 2018. Four years ago, the excise duty on diesel was Rs.3.46 per litre.

VAT on Diesel as of 4 September 2017 States
25.75% Rajasthan
19% Karnataka
30.86% Andhra Pradesh
25% Tamil Nadu
26.91% Kerala
23.66% Assam
19% Bihar
Also Check: Diesel Price in Jodhpur

Dynamic Fuel Pricing vs Diesel Price in Jaipur

Indian fuel retailers have been asked to follow the dynamic fuel pricing methodology in order to update fuel prices. This system is called dynamic fuel pricing system. India introduced it in the month of June after executing a 40-day trial in 4 cities. Therefore, fuel prices in Jaipur will change daily based on overseas crude oil rate variations under dynamic fuel pricing. It is a fully revised form of the previous fuel revision methodology. It is advantageous to oil selling companies, dealers, fuel buyers, the state government and the central government.

Why Dynamic Fuel Pricing

  • Dynamic fuel pricing will align diesel users to overseas market dynamics. Speculative market elements can be reduced.
  • The fuel retailing sector in India may be aligned to international markets. The new system reduces the influence of the working capital on fuel companies.
  • The daily revision system attracts the contribution of privately-held companies in the fuel retailing sector. Therefore, the best practices may be launched in the fuel retailing sector.
  • It also minimizes the political pressure on fuel pricing, thereby brings 100% transparency in the revision of the diesel price in Jaipur.
  • The daily revision system is basically an international practice followed in several advanced markets such as Japan, Australia and the United States of America.
  • There are a few countries where fuel rates will vary twice or thrice in a single day.

Why have Diesel Prices in Jaipur decreased?

  • Last year, crude oil prices have gone up by 14%. In India, retail fuel dealers have increased their commission recently by Rs.1 per litre.
  • Since the arrival of the daily price revision methodology, the petrol and diesel prices in Jaipur have gone up by 8%.
  • Oil-extracting companies have announced a production cut last year.

Tracing Current Diesel Rates in Jaipur

Is it difficult to trace today’s diesel rate in Jaipur? It is easy! Fuel consumers from the city of Jaipur are advised to utilise mobile applications, which have been designed by Indian Oil Company, Bharat Petroleum Company and Hindustan Petroleum Company. SmartDrive is provided by Bharat Petroleum whereas My HPCL by Hindustan Petroleum. Fuel@IOC is provided by Indian Oil. Fuel users can also consider SMS services to obtain recent fuel prices in Jaipur.

Assessment of Diesel Price in Jaipur

The diesel rate in Jaipur will be assessed by oil marketing companies in the country. The price will be reset based on the movements in the price influencers. In general, the diesel price encompasses the central levy, the local tax (VAT), the commission levied by dealers, the cost of crude oil, the pollution cess etc. As of 26 March 2018, the cost of crude oil per litre worked out to be Rs.26.40 per litre. The overall amount of expenses spent by OMCs worked to be Rs.8.40 per litre. The Central Government’s tax was Rs.15.33 on diesel per litre.

Why do Diesel Prices Change in Jaipur?

The diesel price in Jaipur will change if there are any changes in the INR-USD conversion rate and the cost price of crude oil. Since unrefined oil is globally transacted, the value of the currency of India against the price of the currency of the United States of America makes a huge impact. This conversion ratio is not domestically governed. It is sensitive to many forces including fabrication cuts, domestic and international politics, etc. Oil companies should rise fuel prices in Jaipur if the Government of India hikes the central levy. Conversely, they will reduce fuel rates if the government decreased the central-level tax.

GST vs Diesel Rate in Jaipur

Let’s first understand the GST? In India, it is primarily a tax system that levies tax at 5%, 12%, 18% and 28% on goods and commodities. The earlier indirect taxes have been subsumed under the GST system. The GST Council has been formed to govern the GST system. As of now, diesel and petrol are not taxed under the GST structure. The GST Council has kept them outside. As we all know, diesel and petrol will earn a major chunk of revenues. If diesel is taxed at the current GST rates, the diesel price in Jaipur is anticipated to drop by 22-27%. It will be a huge drop.

Also Check Diesel Price in NearBy Cities of Jaipur

Diesel Price in Jodhpur Diesel Price in Kota Diesel Price in Udaipur Diesel Price in Rajasthan

*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.

News About Diesel Price In Jaipur Today

  • Petrol Prices Decline by 40 Paise Per Litre in Delhi

    Prices of petrol and diesel declined further on Friday with petrol being sold at Rs.75.57 per litre and diesel at Rs.70.56 in Delhi. In Mumbai, petrol is available at Rs.81.10 per litre and diesel at Rs.73.91 a litre. Petrol is being sold at Rs.77.53 per litre in Kolkata and diesel is available at Rs.72.41 per litre. In Chennai, prices of petrol and diesel costs Rs.77.53 per litre and Rs.72.41 per litre, respectively. While petrol prices reduced by 41 paise per litre in Delhi, Mumbai saw prices decline by 40 paise per litre. Diesel prices in Delhi were reduced by 30 paise and 32 paise in Mumbai. The steady decline in fuel prices comes after the U.S. administration softened its stand in Iran’s sanctions and gave its nod to eight countries to continue to import oil from Iran temporarily.

    27 November 2018

  • Diesel Prices Hit Record Highs yet Again as Oil Prices Continue to Climb

    After remaining unchanged on Wednesday, the 3rd of October, diesel prices went up on the Thursday and stepped back to continue the trend. In the national capital, diesel prices climbed by Rs.0.20 per litre and jumped from Rs.75.25 per litre to Rs.75.45 per litre. In Mumbai, diesel rates went up by Rs.0.21 per litre to hit Rs.80.10 per litre. The same in Kolkata stood at Rs.77.30 per litre while in Chennai it was Rs.79.79 per litre.

    Silicon city Bangalore saw diesel sell at Rs.75.84 per litre, and all in all it was the highest ever rates across all cities of the country.

    The central government, however, didn’t budge and was still adamant that the price hikes are happening due to a weak rupee and the rise in crude oil prices which has caused fuel prices to rise. Amidst all this, there have also been reports that fuel prices will rise significantly in November as well as crude prices are likely to hit $100 per barrel in the global market, which can bring about a massive rise in fuel prices.

    12 October 2018

  • Petrol Price Soars to a Record Rs.90.22 per litre in Mumbai, Diesel Stands at Rs.78.69

    There seems to be no end to the ever rising fuel prices in the country. On Tuesday, the retailing price of petrol shot up by 14 paise a litre in Mumbai, shooting it up to Rs 90.22 per litre. Diesel prices too climbed by 11 paise in the financial capital and the revised price now is Rs 78.69 per litre. Despite the rocketing prices, there hasn’t been any fall in the demand primarily due to the ongoing festive season.

    Among the metros, Delhi has the lowest rates with Rs.82.26 per litre for petrol and Rs.74.12 per litre for diesel. The prices in Chennai stand at Rs.86.13 and Rs.78.36 per litre for petrol and diesel respectively. In Kolkata, it’s Rs.84.68 for petrol and Rs.75.97 for diesel.

    Being the third largest importer of crude oil, India’s inflating domestic transport fuel costs are being hit by the rising international oil prices. To add to the worries, this trend is likely to continue for some time in the near future.

    1 October 2018

  • Every litre of Petrol Cost Rs.81.28 in the National Capital

    Oil Marketing Companies (OMCs) on Friday hiked the prices of petrol once again. The hike in the prices saw the rates hit new highs in all the four metro cities of the country. In the national capital, the price for every litre of petrol touched Rs.81.28 per litre. It saw a hike of 0.28 paise compared to the prices as of Thursday. In the other metro cities like Mumbai, Chennai, and Kolkata, the prices of petrol were Rs.88.67, Rs 84.49 and Rs 83.14 per litre. Mumbai, Chennai, and Kolkata saw a hike of 0.28 paise, 0.30 paisa, and 0.27 paise respectively. The prices of petrol started going up on Wednesday after the prices remained static on Tuesday as OMCs hiked the prices of petrol by 0.13 paisa. It needs to be mentioned that the price of petrol is the lowest among all the metro cities and most state capitals due to lower taxes while Mumbai has the highest sales tax or VAT.

    17 September 2018

  • Every litre of Petrol Cost Rs.81.28 in the National Capital

    Oil Marketing Companies (OMCs) on Friday hiked the prices of petrol once again. The hike in the prices saw the rates hit new highs in all the four metro cities of the country. In the national capital, the price for every litre of petrol touched Rs.81.28 per litre. It saw a hike of 0.28 paise compared to the prices as of Thursday. In the other metro cities like Mumbai, Chennai, and Kolkata, the prices of petrol were Rs.88.67, Rs 84.49 and Rs 83.14 per litre. Mumbai, Chennai, and Kolkata saw a hike of 0.28 paise, 0.30 paisa, and 0.27 paise respectively. The prices of petrol started going up on Wednesday after the prices remained static on Tuesday as OMCs hiked the prices of petrol by 0.13 paisa. It needs to be mentioned that the price of petrol is the lowest among all the metro cities and most state capitals due to lower taxes while Mumbai has the highest sales tax or VAT.

    17 September 2018

  • Diesel Prices Decreased for the First Time in August

    Diesel price in the national capital reduced by 5 paise per litre on Monday, 20 August 2018. Similarly, diesel prices stood at Rs.72.96 per litre in Mumbai, which is the capital city of Maharashtra, Rs.72.59 per litre in Chennai, which is the capital city of Tamil Nadu; and Rs.71.56 per litre in Kolkata, which is the capital city of West Bengal. Because of the increased volatility, global Brent petroleum prices have been retailing around $70-$79 a barrel since 10 April 2018. On 29 May 2018, diesel prices reached an all-time of Rs.69.30 per litre.

    State-run oil marketing companies have now been revising the prices of petrol and diesel under the system of dynamic fuel pricing, which takes into account the global factors such as crude oil prices and the exchange rate. Prior to the introduction of dynamic fuel pricing, fuel marketing companies had to revise fuel prices twice a month. The first revision used to happen on the first of every month and the second revision used to befall on the sixteenth of every month. Dynamic fuel pricing is also followed in other countries such as Japan, the United States of America, Australia, etc.

    23 August 2018

  • Diesel Prices Remain Steady for the Third Consecutive Day

    Diesel prices remained the same on Monday, 18 June. Diesel prices have been reduced by nearly Rs.1.5 per litre in metros, compared to the hike of about Rs.3 per litre in each of these metros. The incline in diesel prices is attributed to the rise in the global crude oil price and weaker rupee over the US dollar. Diesel prices stood at Rs.67.78 a litre in Delhi, Rs.72.13 in Mumbai, Rs.70.33 in Kolkata and Rs.71.54 a litre in Chennai. The decline in diesel prices is in tandem with the reduction in the global crude oil price as Saudi Arabia and Russia have announced a modest increase in the crude oil production and have indicated that they were prepared to increase the production.

    18 June 2018

  • Diesel Price In India Today Remains Unchanged — Here Are City-Wise Diesel Prices

    Diesel price in India remained unchanged on April 11, 2018, which is effective from 6:00 a.m. Under the dynamic pricing scheme, diesel price is revised on a daily basis in concurrent with global crude oil prices. Diesel price in metros like New Delhi was available at Rs.64.96 per litre, Mumbai at Rs. 69.17 per litre, Chennai at Rs.68.53 per litre and Kolkata at Rs.67.65 per litre.

    Diesel in Agartala was available at Rs.63.07 per litre, Aizawl at Rs.62.32 per litre, Ambala at Rs.65.46 per litre, Bangalore at Rs.66.06 per litre, Bhopal at Rs.68.35 per litre, Bhubaneswar at Rs.69.69 per litre, Chandigarh at Rs.63.06 per litre, Dehradun at Rs.65.29 per litre, Gandhinagar at Rs.69.76 per litre, Gangtok at Rs.66.70 per litre, Guwahati at Rs.67.80 per litre, Hyderabad at Rs.70.58 per litre, Imphal at Rs.63.08 per litre, Itanagar at Rs.62.34 per litre, Jaipur at Rs.69.27 per litre, Jammu at Rs.66.15 per litre, Jullundur at Rs.64.97 per litre, Kohima Rs.63.35 per litre, Lucknow at Rs.65.13 per litre, Panjim at Rs.66.07 per litre, Patna at Rs.69.58 per litre, Pondicherry at Rs.67.08 per litre, Port Blair at Rs.60.98 per litre, Raipur at Rs.70.16 per litre, Ranchi at Rs.68.62 per litre, Shillong at Rs.68.28 per litre, Shimla at Rs.64.60 per litre, Srinagar at Rs.68.28 per litre, Trivandrum at Rs.70.49 per litre, Silvassa at Rs.65.72 per litre and Daman at Rs.65.66 per litre.

    11 April 2018

  • Diesel turned to be an Expensive Fuel for Consumers

    Diesel users continued to pay higher taxes since the advent of dynamic fuel pricing. On Thursday, in Mumbai, diesel rates breached to earlier records by reaching to Rs.67.75 a litre. The price was up by 15 paise compared to the previous day’s close. The fuel closed at Rs.72.49 a litre in New Delhi on 24 January 2018 and at Rs.66.20 a litre in Kolkata, at Rs.67.00 a litre in Chennai.

    Fuel rates have witnessed a consistent rise over the last one month. So, the Oil Ministry is on a try to reduce the central tax for consumers. In the prevision on 3 October 2017, the central levy was decayed by Rs.2.00 a litre. Perhaps, state governments may be urged to cut the state levy by the center like earlier. Also, experts are of the opinion that diesel should be taxed under the GST sphere by tweaking the current tax rates a little.

    25 January 2018

  • Diesel turned to be an Expensive Fuel for Consumers

    Diesel users continued to pay higher taxes since the advent of dynamic fuel pricing. On Thursday, in Mumbai, diesel rates breached to earlier records by reaching to Rs.67.75 a litre. The price was up by 15 paise compared to the previous day’s close. The fuel closed at Rs.72.49 a litre in New Delhi on 24 January 2018 and at Rs.66.20 a litre in Kolkata, at Rs.67.00 a litre in Chennai.

    Fuel rates have witnessed a consistent rise over the last one month. So, the Oil Ministry is on a try to reduce the central tax for consumers. In the prevision on 3 October 2017, the central levy was decayed by Rs.2.00 a litre. Perhaps, state governments may be urged to cut the state levy by the center like earlier. Also, experts are of the opinion that diesel should be taxed under the GST sphere by tweaking the current tax rates a little.

    25 January 2018

Diesel Price In Metro Cities
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