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Diesel Price in Punjab (20th April 2024)

Today's diesel price in Punjab (Amritsar) is at ₹86.98 per litre, reflecting a slight decrease compared to yesterday's rate of ₹87.19. Over the past 10 days, fluctuations have been observed, with prices ranging between ₹86.76 and ₹86.98. You can also view today's diesel prices in all states and districts of India and compare them with the rates from the previous day, which already include state taxes.

Punjab is one of the most popular states in Northern India. The state is the 16th most populous state in the country. The state’s demography has 27,704,236 individuals as per 2011 census. The GDP of the state stands at Rs 3.17 lakh crore. Most of the people in the state use the public transport vehicles to travel from one place to another. It also has a large network of multi-modal transportation systems. The rapidly increasing population along with the increase in the income has led to the purchase of more vehicles in Punjab state, which in turn has led to the usage of more fuel.

City Today Price Yesterday Price
Amritsar ₹ 86.98 ₹ 87.19
Barnala ₹ 86.72 ₹ 86.49
Bathinda ₹ 86.36 ₹ 86.29
Faridkot ₹ 86.60 ₹ 86.88
Fatehgarh Sahib ₹ 87.28 ₹ 86.88
Fazilka ₹ 87.12 ₹ 86.96
Firozpur ₹ 87.02 ₹ 87.13
Gurdaspur ₹ 86.91 ₹ 86.91
Hoshiarpur ₹ 86.51 ₹ 86.84
Jalandhar ₹ 86.56 ₹ 86.62
Kapurthala ₹ 86.52 ₹ 86.38
Ludhiana ₹ 87.04 ₹ 86.81
Malerkotla ₹ 86.56 ₹ 86.39
Mansa ₹ 86.66 ₹ 86.63
Moga ₹ 87.21 ₹ 86.80
Muktsar ₹ 86.64 ₹ 86.58
Pathankot ₹ 87.41 ₹ 87.37
Patiala ₹ 86.45 ₹ 86.86
Rupnagar ₹ 87.24 ₹ 87.24
Sangrur ₹ 86.30 ₹ 86.43
Sas Nagar ₹ 87.40 ₹ 87.31
Shd Bhagat Singh Ngr ₹ 86.56 ₹ 86.84
Tarn Taran ₹ 86.75 ₹ 86.75

Diesel Prices in Punjab

The prices of diesel in the state of Punjab is revised on a regular basis and the same will come into effect starting from 6 am in the morning across all the fuel filling stations. The state-run oil marketing companies change the fuel prices in sync with global crude oil prices. Each and every state in the country will levy separate state based value-added tax also referred to as VAT on diesel prices before arriving at the final diesel selling price across all the fuel filling stations.

The diesel prices in Punjab on September 21, 2017, was at Rs 59.53 per litre and as of September 21, 2018, the diesel prices stands at Rs 71.82 per litre. The diesel prices have gone up at an astonishing rate due to the surge in crude prices.

Diesel Prices in Punjab Vs Other States in India

One can observe that the prices of diesel are not static across the country due to various reasons one such reason is the VAT which is levied by the respective state governments on fuel prices and the rate of VAT differs from one state to another, demand and supply of fuel, logistics and so on.

The rate of Value Added Tax in the state of Punjab on diesel stands at 16.82%. The residents of Mizoram pay 11.52% as VAT on diesel and hence the prices of diesel cost less in Mizoram when compared with Punjab.

The demand and supply factor also adds to the prices of diesel in India. If the transportation for the supply of fuel is less owing to refinery problem or lack of imports, then the demand and supply chain will get affected which in turn will impact negatively on the diesel prices.

Logistics also plays an important role in determining the prices of fuel in India. Fuel transported to longer distances to cities or regions farther from depots will be priced higher than the places nearer to the storage area of the oil companies.

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