Petrol Price in Shimla

To gain insights into the variations in the petrol price in Shimla, review the historical trends from the past months.

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

In Shimla, diesel is generally less expensive than petrol. Refer to the table below for the most recent prices of both fuels.

• International Crude Oil Prices: Any change in the international crude oil rates will affect the petroleum prices in Shimla.Oil Marketing Company (OMC) Processing Cost: This represents the costs incurred by oil marketing companies in the process of transforming crude oil into petrol and other related goods.
• Excise Duty + Road Cess: Any updates in the excise duty or road cess by the government can lead to an immediate change in the retail price of petrol in Shimla.
• Value Added Tax (VAT) or Sales Tax: State governments levy sales tax or VAT which influences the petrol price.
• Commission to Petrol Pump Dealers: Petrol pump dealers receive a fixed commission per litre, and it contributes to the final retail price consumers pay.
• Buffer for Future Inflation: To manage potential inflationary pressures, the government may build a buffer into the petrol pricing.

Here is the latest petrol price in Shimla: