Today's Petrol Price in Daman & Diu
Find today's petrol price in Daman & Diu. The latest petrol rates are regularly updated here. Read on to find out the current petrol price in Daman & Diu.
30 Jul 2026
Today's Petrol Price in Daman & Diu
₹ 0
Petrol Price in Daman & Diu (Today & Yesterday)
| Ltr | Today | Yesterday | Price Change |
| 1 ltr | ₹ 100.46 | ₹ 100.46 | ₹ 0 |
Petrol Price Calculator
Petrol Price in Top Cities
Petrol Price in Daman & Diu for Last 10 days
| Date | Price |
| 29 Jul 2026 | ₹ 100.46(0) |
| 28 Jul 2026 | ₹ 100.46(0) |
| 27 Jul 2026 | ₹ 100.46(0) |
| 26 Jul 2026 | ₹ 100.46(0) |
| 25 Jul 2026 | ₹ 100.46(0) |
| 24 Jul 2026 | ₹ 100.46(0) |
| 23 Jul 2026 | ₹ 100.46(0) |
| 22 Jul 2026 | ₹ 100.46(0) |
| 21 Jul 2026 | ₹ 100.46(0) |
| 20 Jul 2026 | ₹ 100.46(0) |
Petrol Price Weekly Comparison
Petrol Price in Major Cities today
| City | Petrol Price |
| Daman | ₹ 100.46(0) |
*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
Petrol Price in Daman and Diu
The price of petrol in Daman and Diu, as in the rest of India, is subject to daily revisions. This dynamic pricing model means that the cost you pay at the pump can change from one day to the next, influenced by a variety of global and local factors.
How are Petrol Prices Calculated in Daman and Diu?
The retail price of petrol in Daman and Diu is determined by a combination of factors. The final price you pay at the pump includes the cost of crude oil, central and state government taxes, and dealer commission.
Here's a breakdown of the key components:
- Crude Oil Price: This is the base price of crude oil, which is sourced from international markets. It is the biggest component of the final fuel price.
- Central Government Taxes: The central government levies excise duty on petrol. This is a fixed amount and does not change with the price of crude oil.
- State Government Taxes: Each state government imposes a Value Added Tax (VAT) on petrol. This is a percentage of the price of petrol, including the cost of crude oil and excise duty.
- Dealer Commission: Oil marketing companies pay a commission to the fuel pump owners. This commission is also included in the final retail price.
Factors Influencing Petrol Rates in Daman and Diu
Several factors can influence the price of petrol in Daman and Diu. These include:
- Global Crude Oil Prices: The price of petrol is directly linked to the price of crude oil in the international market. Any fluctuation in global prices affects the retail price of petrol in India.
- Value of the US Dollar: Crude oil is traded in US dollars. Any change in the exchange rate between the Indian Rupee and the US Dollar will impact the cost of importing crude oil and, consequently, the price of petrol.
- Government Taxes: Both central and state government taxes play a significant role in determining the final price of petrol.
- Demand and Supply: The demand and supply of petrol in the domestic market also affect the price. Higher demand can lead to higher prices, and vice-versa.
Dynamic Fuel Pricing
India follows a dynamic fuel pricing system, where the prices of petrol and petrol are revised daily. This system was introduced in 2017 to ensure that the changes in international oil prices are passed on to the consumers.
Under this system, the oil marketing companies in India, such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum, review the price of petrol and petrol every morning at 6 a.m. The prices are adjusted based on the average price of crude oil in the international market and the INR-USD exchange rate over the previous 15 days.
Advantages of Dynamic Fuel Pricing
The dynamic fuel pricing system has several advantages:
- Better Inventory Management: Daily price revisions help oil marketing companies and dealers to manage their inventory better.
- Reduced Price Volatility: The daily revision of prices helps in reducing the sudden spikes in fuel prices.
- Passing on Benefits: Consumers can benefit from a fall in international crude oil prices, as the prices are revised daily.
- Transparency: The daily revision of prices ensures transparency in the pricing mechanism.
FAQs
- How often are petrol prices in Daman revised?
Petrol prices in Daman are revised daily at 6 a.m.
- Why do petrol prices change daily?
The daily revision is due to the dynamic fuel pricing mechanism, which aligns the prices with international crude oil rates and currency exchange rates.
- What is the main reason for the difference in petrol prices across states?
The main reason for the difference in petrol prices across states is the varying rates of Value Added Tax (VAT) imposed by each state government.
- How can I check the latest petrol prices in Daman?
You can check the latest petrol prices on the websites of oil marketing companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum, or through various mobile apps that provide daily fuel price updates.
- Is the Goods and Services Tax (GST) applicable to petrol?
No, petrol is currently not under the GST regime. It attracts central excise duty and state VAT.
- Why is petrol cheaper than petrol in Daman and Diu?
Petrol is generally cheaper than petrol because the taxes levied on petrol are lower than those on petrol.
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