Discussion Why Petrol Price is so High in India

[IndianMascot]

but if exchange rate is higher than the import price of any commodity which is traded at dollar factor only.
cannot b possible bro.
if crude is at 50 per barrel
then for whole world it is common.
in india = 66 *50
n in pakistan it has to b = 100 * 50

That's where taxes plays their role. Taxes on acquiring and refining the crude prices is higher in India as compared to other countries.

Also, the crude oil price for other countries are higher as compared to INR but their internal taxes are less.

 

[IndianMascot]

I think this will make things more clearer