[bobbyblr]

Hi Guys,

Looks like today I hit a jackpot when I filled petrol from Nayara. I got Rs. 50 discount for Rs. 2000 of petrol.

I asked the pump operator to fill for 20 litres of petrol and 1 litre costs Rs. 100.09 at Nayara, which came to Rs. 2001.80. The operator entered Rs 1951.80 on the POS machine and I was shocked. Upon asking him he said Rs. 50 discount. So for me the petrol costed Rs. 97.59 per litre.

See below offer:

The scheme commences from 10th April 2024 and closes on 31st May 2024 at midnight (referred to as "Scheme Period"). Any transactions done after 12.00 midnight on 31st May 2024 will not be considered.

The customer shall receive a discount of Rs 30 on fueling petrol of Rs 1500 to Rs 1999.99 and a discount of Rs 50 on fueling petrol of more than or equal to Rs 2000.

https://www.nayaraenergy.com/scheme-promotion

[itwasntme]

Petrol, diesel to get costlier as Karnataka hikes sales tax on fuel

Read more at: https://www.deccanherald.com/india/k...n-fuel-3068197

Hilarious move by Karnataka to take with one hand and subsidise with the other. Anyway, I am happy that this increase in fuel prices hurts everyone, rather than benefit a subset with subsidies.

[m8002?]

It was just a matter of time. The prices where the lowest here compared to the neighbouring states by around 7-8 Rs per litre.

In fact, I am surprised it took them so long to increase it and still it will less than Kerala, TN and AP. Looks like they were waiting for the Parliament elections.

[MT_Hyderabad]

Originally Posted by m8002?

It was just a matter of time. The prices where the lowest here compared to the neighbouring states by around 7-8 Rs per litre.

Yes, in Hyderabad we are paying 107.X! This is so unfair for us. We had 109 since ages and had to settle for 107 before elections.

Where is the cheap Russian oil going?

[Capri89]

Originally Posted by MT_Hyderabad

Yes, in Hyderabad we are paying 107.X! This is so unfair for us. We had 109 since ages and had to settle for 107 before elections.

Where is the cheap Russian oil going?

The difference between the cheap Russian oil (not discounted anymore, I think) and the high retail price is going towards building infrastructure projects.

[MT_Hyderabad]

Originally Posted by Capri89

The difference between the cheap Russian oil (not discounted anymore, I think) and the high retail price is going towards building infrastructure projects.

You are enjoying 100 per litre in Chennai. There are still 7 Rs per litre we are giving more for so called infrastructure. There should be a stricter range across India; why should we have world class infrastructure in Hyderabad only? Everyone should contribute equally!

[Capri89]

Originally Posted by MT_Hyderabad

You are enjoying 100 per litre in Chennai. There are still 7 Rs per litre we are giving more for so called infrastructure. There should be a stricter range across India; why should we have world class infrastructure in Hyderabad only? Everyone should contribute equally!

Everyone is not contributing equally because fuel is outside the purview of GST. States are very adamant on this issue lest they lose their revenue. See what happens with BH registration. Inspite of higher (25%) tax many States have not implemented it including TN. God save us all.

[Emvi]

Quite a few people expected fuel prices to rise considerably in June, and it has decided to play along. What's surprising is that prices have gone north only in the south(read Karnataka) and not pan-India, a twist that few saw coming!

[ABHI_1512]

Originally Posted by Capri89

Everyone is not contributing equally because fuel is outside the purview of GST. States are very adamant on this issue lest they lose their revenue. See what happens with BH registration. Inspite of higher (25%) tax many States have not implemented it including TN. God save us all.

I expect members of this forum to know facts before posting. Please go though some earlier posts regarding the tax break up or use google to get the real picture about the taxation structure between states and the center. You will get to know what the central government is earning through fuel before you point towards the states for not letting go of revenue !

Originally Posted by Emvi

Quite a few people expected fuel prices to rise considerably in June, and it has decided to play along. What's surprising is that prices have gone north only in the south(read Karnataka) and not pan-India, a twist that few saw coming!

Fuel prices are already very high and if at all, there is every scope to reduce the prices further. But then, who cares about reducing when people are not complaining !

[MT_Hyderabad]

Fuel price reduced in Maharashtra:

https://www.hindustantimes.com/citie...567676017.html

[Dinesh_Malhotra]

Originally Posted by MT_Hyderabad

Fuel price reduced in Maharashtra:

https://www.hindustantimes.com/citie...567676017.html

Hello,

I belive it's reduced only for the Mumbai Metropolitan Region ~ Mumbai, Navi Mumbai, Greater Mumbai, etc.

Couldn't understand by what logic though?

[RM Motorsports]

Crude in April - 90$
Crude today - 68$

Petrol in April - Rs.110
Petrol today - Rs.110

Where is all the difference going ?

[saket77]

Originally Posted by RM Motorsports

Crude in April - 90$
Crude today - 68$

Petrol in April - Rs.110
Petrol today - Rs.110

Where is all the difference going ?

Shshh shshh...We are building our nation.

Even when crude was NEGATIVE (means seller was paying the buyer!!), we were paying 100 bucks a liter.
https://www.bbc.com/news/business-52350082

[romeomidhun]

Originally Posted by saket77

Even when crude was NEGATIVE (means seller was paying the buyer!!), we were paying 100 bucks a liter.

Not just that. We got crudeoil at discounted rate from Russia when the Russia - Ukraine tussle was at the peak.

Nation-building with the extra money collected from us as fuel charges, then charging toll for the newly "built" nation! What a way to loot! If the nation is built using a credit anount taken from some agency, this could have been agreed.

Moreover, these high Petrol prices are charged by the private players also - who doesn't do any nation building. May be, they are promoting these nation builders.

And talk about the push for Ethanol mixed fuels.

[neith]

Interesting watch, since we are on the topic of crude.

https://www.youtube.com/watch?v=Azm4yKKIlqE