Diesel Price in Mizoram

The cost of diesel in Mizoram is influenced by several elements, such as fluctuations in global crude oil prices, geopolitical events, and the exchange rate between the Indian rupee and the US dollar. Furthermore, the dynamics of supply and demand in the market significantly impact fuel prices.

• Geopolitical events
• Taxes (VAT, Excise Duty, etc.)
• Natural disasters
• Supply and demandGovernment subsidies
• Global crude oil prices
• Dealer commissions Currency exchange rate

In Mizoram, diesel generally costs less than petrol. To compare the latest market prices for both fuels, please refer to the table below:

• Processing Costs by Oil Marketing Companies (OMCs): These are the expenses associated with refining crude oil into diesel and other diesel products.
• State-Imposed Taxes: Value-added tax (VAT) or sales tax charged by state governments affects the total price at the pump in Mizoram.
• Inflation Allowance: A margin is set aside to accommodate potential future price increases due to inflation impacting crude oil and refining costs in Mizoram.
• Commissions for Dealers: The earnings provided to diesel pump dealers are included in the overall pricing structure in Mizoram.
• Government Levies: Excise duty and road cess imposed by the Indian government significantly influence the final retail price of diesel in Mizoram.
• Excise Duty and Road Tax: The Indian government levies excise duties and road taxes on diesel, which significantly affect the overall retail price in Mizoram.

Here is the latest diesel price in Mizoram: