Yadav said, "While the opposition is protesting, prices of petrol and diesel have been hiked again this morning". In Delhi, a litre of petrol was priced at Rs 80.73, increasing by Rs 0.23 a litre while a litre of diesel is available for Rs 72.83, an increase of Rs 0.22. The Centre levies a total of Rs 19.48 per litre of excise duty on petrol and Rs 15.33 per litre on diesel.
Nearly half of the retail selling price of the two fuels is made up of central and state taxes. Across the state, petrol prices have breached the mark of Rs 88 per litre, while diesel is around Rs 76 per litre, as mentioned by the All India Petrol Dealers Association (AIPDA).
Through these graphics, the BJP contended that the percentage increase in the prices of petrol and diesel was higher during the UPA regime (2004-2014) than during the NDA one (2014-present).
Mr. Maken said if petrol and diesel are brought under the goods and services tax (GST), fuel prices could drop by ₹15 to ₹18 per litre.
Petrol and diesel prices set new records on Sunday as they continued their upward march on fall in rupee and surge in global crude oil rates. The Central government however, does not see a significant change in tax rules as the excise duty imposed is based on the quantity of petrol and diesel.
The current price hike across the country, is a result of multiple factors including the global geopolitical situation, a diving rupee, but most importantly, the government's unrelenting tax regime and the silence of its ministers over the issue. States saw their Value-Added Tax revenue from petro goods rise from Rs 1,37,157 crore in 2014-15 to Rs 1,84,091 crore in 2017-18. "Even states like Bihar, Kerala and Punjab are not in a position to cut state levies on petrol/diesel", the official said.
Mumbai has the highest tax rates among the metros.
Another official raised concerns over implementation of development projects if the Centre and states reduce taxes. "The effect of this benefit has kept inflation under control despite rise in fuel prices". The Bharat Bandh was peaceful in Madhya Pradesh, said Makrand Deuskar, IG Law & Order, Madhya Pradesh on Bharat Bandh The Bharat Bandh was peaceful in the state, 110-115 people have been arrested.
Andhra Pradesh gets Rs 22.15 per litre on petrol and Rs 16.87 on diesel. "Similarly, the excise duty on diesel was ₹3.46 per litre and today it stands at ₹15.33 per litre", he said.