Petrol Price in Sikkim

Analysing monthly trends can provide valuable insights into the changes in petrol prices in Sikkim:

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

Diesel tends to be less expensive than petrol in Sikkim. By looking at the table below, you can see how the two compare:

• International Crude Oil Prices: This is the primary factor, as it reflects the cost of crude oil in the global market.OMC (Oil Marketing Company) Processing Cost: This refers to the expenses that oil marketing companies incur to convert crude oil into petrol and other products.
• Buffer for Future Inflationary Aspects: A buffer is included to account for possible future increases in costs related to crude oil prices or refining processes.
• Excise Duty + Road Cess: The Indian government imposes excise duty and road cess on petrol, which adds to the final retail price.
• Commission to Petrol Pump Dealers: The commissions received by gas pump dealers from fuel sales are included in the pricing.
• VAT (Value Added Tax) or Sales Tax: State governments levy sales tax or VAT which impacts the petrol price.

Check today’s petrol price in Sikkim: