Today's Petrol Price in Ujjain

• Crude Oil Prices: The price of crude oil in the international market is the biggest determinant of petrol prices. 

• Rupee-Dollar Exchange Rate: Crude oil is purchased in US dollars. Any fluctuation in the exchange rate affects the import cost. 

• Central and State Taxes: Excise duty charged by the central government and VAT charged by state governments form a significant portion of the petrol price. 

• Dealer Commission: Oil marketing companies pay a commission to the dealers who operate the petrol pumps. 

• Logistics and Transportation Costs: The cost of transporting fuel from the refinery to the petrol pump also adds to the final price. 

How are Petrol Prices Calculated in Ujjain? 

The main components used to calculate petrol prices in Ujjain are mentioned below: 

• Cost of Crude Oil: This is the base price paid for unrefined oil in the international market. 

• Refinery and OMC Costs: OMCs like Indian Oil and BPCL incur costs for refining the crude oil into petrol, transporting it, and maintaining their operations, including a profit margin. This is the price charged to dealers. 

• Central Government's Excise Duty: The central government imposes a fixed tax, known as excise duty. This tax is imposed on each litre of petrol. 

• Dealer Commission: A commission is paid to the petrol pump owners for every liter of petrol sold to cover their operating costs and profit. 

• State's Value Added Tax (VAT): The Dadra & Nagar Haveli administration levies a VAT on the price of petrol after adding the excise duty and dealer commission. This is a percentage-based tax, so the amount varies with the price. 

Final Retail Price = Cost of Crude Oil + OMC Costs + Excise Duty + Dealer Commission + State VAT 

How to Check the Latest Petrol Price in Ujjain? 

The different ways to check the latest petrol price in Ujjain are mentioned below: 

• SMS (IOCL): Send ‘RSP <Dealer Code>’ to 92249 92249. The dealer code is displayed at every Indian Oil petrol pump. 

• Fuel@IOC App: Download the Indian Oil app from Google Play or the Apple App Store to view daily prices and locate your nearest pump. 

• My HPCL App: HPCL’s free mobile application displays updated petrol and diesel prices for your location. 

• SmartDrive App (BPCL): Bharat Petroleum’s app for fuel price updates and loyalty rewards. 

• OMC Websites: Visit iocl.com, bharatpetroleum.com, or hindustanpetroleum.com for official current prices. 

Tips to Save on Petrol Costs in Ujjain 

• Maintain Your Vehicle: Properly inflated tyres, clean air filters and timely servicing improve fuel efficiency and reduce the volume of petrol consumed. 

• Avoid Peak-Hour Traffic: Idling in traffic burns fuel. Travel during off-peak hours whenever possible. 

• Use Fuel Loyalty Programmes: IOCL, BPCL, and HPCL offer loyalty points through their apps. Accumulate points with every fill-up for discounts or rewards.