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In India, petrol prices are revised daily, with the price change taking effect at 06:00 a.m.
every day.
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Every day at 6:00 a.m., the price of petrol and diesel is revised.
Prior to this, prices were revised every two weeks.
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profitable blockchain mining using cloud hosting ✌️【365vc.net】✌️Invest with confidence using AI insights. Start at ₹500 and watch your wealth grow exponentially.When excise duty, dealer commission, and VAT are added, the retail selling price of petrol nearly doubles.
Fuel prices are revised on a daily basis under this system, taking into account global crude oil prices and currency conversion rates.
In India, the system is used in 58,000 petrol bunks.
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It allows fuel users to pay market-determined prices regardless of the impact.
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