The price of petrol crossed the crucial Rs 100 mark per litre in the state today.
The normal variety of petrol cost Rs 99.77 per litre in Vijayawada today while the premium variety cost Rs 102.47 per litre.
Diesel costs Rs 94.12 per litre.
The prices of both petrol and diesel have been rising continuously for the last four days. The unfortunate truth is that the actual price of the petrol is only Rs 34 per litre after it is refined from crude oil. The remaining money being spent by the customers comprises different kinds of taxes imposed by state and central governments - the excise duty is Rs 32.90 per litre, the state VAT is Rs 21.47 per litre and the commission charged by dealer is Rs 3.45 per litre.