Table of Contents
How much profit does a petrol station make per litre in India?
Ans- A petrol pump owner in India can earn up to Rs 3,58,000 every month. If your commission comes across as 3 Rupees per litre then your monthly gross earning of 5,70,000 Rupees.
What is the dealer margin on petrol and diesel in India?
At 6 per cent, the dealer margin will be around Rs 6 a litre on petrol, and Rs 5.5 a litre on diesel in most parts of the country. The exact margin for a dealer varies as per a graded formula with a higher margin for those pumps with lesser sales and in rural areas.
What is the dealer margin on petrol and diesel?
What is the profit margin on petrol?
Total profit of the petrol pump business Monthly profit for the petrol pump business is 2 lakhs – 1.35 lakhs= 65000 Rs for rural areas. Monthly profit for the petrol pumps business is 4.2 lakhs – 1.95 lakhs = 2.15 lakhs /month for city side. There is 100\% no loss in this business.
Do petrol stations make money?
There is a good reason why nearly all filling stations are shops as well; profit margins on petrol are, according to the industry, around 2\%, so they make most of their profits from overpriced sandwiches and drinks.
What is the commission of petrol pump owner?
As of April, 2017, petrol pump owners earn Rs 2020.38, plus 0.86 per cent of retail price, as commission for selling every kilolitre of petrol, stated a study by Newsflicks.
How much is the commission for petrol pump?
Central excise duty of Rs 17.98 per litre, dealer commission of Rs 3.54 per litre and state VAT of Rs 14.98 per litre bring up the retail price of petrol to Rs 70.44 per litre in India, whereas the dealer price remained Rs 33.94 per litre as on 1st July 2019, according to the data provided in the reply.
Is Reliance petrol Pump profitable?
The company is considered as one of the largest players in the industry of Oil and Gas. They have great financial stability and shows strong profitability every year as they do not compromise on their quality. Reliance has well-trained, knowledgeable and courteous pump attendants.
How much does it cost to open a petrol garage?
A local petrol station business set up costs range in the region of R15 million and R100 million depending on the size and site. Further to this the operation payable to the oil company ranges between R2. 5 million and R15 million, depending on the cost to develop, projected volumes and profitability.
What is the price of Essar petrol pump?
Cost of Starting an Essar Oil Petrol Pump in India 50-70 lakhs varying according to the size of the rental outlet and the amenities or services offered.
What is the Commission on sale of petrol and diesel in India?
For those with up to 170 kl sale, the commission would be 57.05 paise per litre for petrol and 46.5 paise a litre for diesel. Outlets with sale up to 600 kl would get 57.10 paise on petrol and 42.3 paise on diesel and those with sale of 1,200 kl would get 45.26 paise per litre on petrol and 33.5 paise on diesel.
What is the dealers’ margin for petrol and diesel?
“The dealers’ margin for petrol and diesel has been revised. It is approximately 9 per cent to 43 per cent in petrol and 11 per cent to 59 per cent in diesel,” he said. Low volume dealers shall get maximum increase in commission in terms of percentage and paisa per litre.
What is the VAT on petrol in India 2021?
For the very first time – Petrol to cost more than Rs 100 a Litre in Delhi Additional:VAT (30\% on Petrol and 16.75\% on Diesel. Additional Cess on Diesel) (5th July 2021) Very Important: The Petrol been Sold in India from End 2017 has 10\% of Ethanol been Mixed with Petrol.
What is the tax on petrol per litre in India?
It means for Every Litre of Petrol you are filling — you are paying a steep tax of Rs 35.47 per Litre in Delhi to State and Central Government. Its even higher in Other cities. If you are Staying in Mumbai – you are paying highest Taxes on Petrol Prices in India.