<p>Petrol in Delhi today costs Rs 66.42 per litre as against Rs 44.88 a litre price in the US, Minister of State for Petroleum and Natural Gas R P N Singh told Rajya Sabha in a written reply to a question.<br /><br />Even after the November 16 reduction of Rs 2.22 per litre in rates, petrol at Rs 66.42 a litre in Delhi is costlier than Rs 48.64 a litre in Pakistan.</p>.<p>Whereas in Sri Lanka it is Rs 61.38 per litre, Rs 52.42 a litre in Bangladesh and Rs 65.26 per litre in landlocked Nepal. Incidentally, Nepal does not have a refinery and imports all its requirement from India.</p>.<p>However, petrol in Europe is costlier than in India. In the UK, it is priced at Rs 104.60 per litre.<br /><br />Singh said of the Rs 66.42 per litre price of petrol in Delhi includes Rs 26.59 a litre because of taxes (both central excise and local sales tax or VAT).<br /><br />The US has only Rs 5.32 per litre tax on petrol while it is Rs 62.47 a litre in UK.<br />Petrol price in India has risen 39 per cent, or Rs 18.49 per litre, since April 2010.<br />Petrol in Delhi cost Rs 47.63 per litre last year. <br /><br />The hike in rates in Pakistan is lower at 26 per cent - from Rs 38.74 per litre to Rs 48.64 a litre. Sri Lanka has seen a 36 per cent increase from Rs 45.23 per litre in April 2010 to Rs 61.38 a litre at present.<br /><br />In Nepal, petrol price went up from Rs 49.98 per litre to Rs 65.26 a litre currently, an increase of 31 per cent.<br /><br />Nearly 45 per cent of the current retail price of petrol in Delhi is made up of taxes.<br />The refinery price of petrol is just Rs 36.82 per litre, on top of which Rs 2.25 in inland freight and marketing cost and margin is added.<br /><br /> Besides, Rs 14.78 per litre is the excise duty component and Rs 11.07 a litre is the sales tax that Delhi government charges. Another Rs 1.50 is the commission that petrol pump dealers earn.</p>
<p>Petrol in Delhi today costs Rs 66.42 per litre as against Rs 44.88 a litre price in the US, Minister of State for Petroleum and Natural Gas R P N Singh told Rajya Sabha in a written reply to a question.<br /><br />Even after the November 16 reduction of Rs 2.22 per litre in rates, petrol at Rs 66.42 a litre in Delhi is costlier than Rs 48.64 a litre in Pakistan.</p>.<p>Whereas in Sri Lanka it is Rs 61.38 per litre, Rs 52.42 a litre in Bangladesh and Rs 65.26 per litre in landlocked Nepal. Incidentally, Nepal does not have a refinery and imports all its requirement from India.</p>.<p>However, petrol in Europe is costlier than in India. In the UK, it is priced at Rs 104.60 per litre.<br /><br />Singh said of the Rs 66.42 per litre price of petrol in Delhi includes Rs 26.59 a litre because of taxes (both central excise and local sales tax or VAT).<br /><br />The US has only Rs 5.32 per litre tax on petrol while it is Rs 62.47 a litre in UK.<br />Petrol price in India has risen 39 per cent, or Rs 18.49 per litre, since April 2010.<br />Petrol in Delhi cost Rs 47.63 per litre last year. <br /><br />The hike in rates in Pakistan is lower at 26 per cent - from Rs 38.74 per litre to Rs 48.64 a litre. Sri Lanka has seen a 36 per cent increase from Rs 45.23 per litre in April 2010 to Rs 61.38 a litre at present.<br /><br />In Nepal, petrol price went up from Rs 49.98 per litre to Rs 65.26 a litre currently, an increase of 31 per cent.<br /><br />Nearly 45 per cent of the current retail price of petrol in Delhi is made up of taxes.<br />The refinery price of petrol is just Rs 36.82 per litre, on top of which Rs 2.25 in inland freight and marketing cost and margin is added.<br /><br /> Besides, Rs 14.78 per litre is the excise duty component and Rs 11.07 a litre is the sales tax that Delhi government charges. Another Rs 1.50 is the commission that petrol pump dealers earn.</p>