Puri said petrol prices crossed the Rs 100-mark in West Bengal as the TMC government is levying heavy taxes.
Through this, the Union government will get Rs 3.55 crore additional income a day and around Rs 1,200 crore a year.
Petrol prices have been witnessing a continuous increase in the State since May 4, leaving citizens miffed.
The two-hour-long protest from 10 am to 12 noon, led by the Samyukt Kisan Morcha, saw farmers in different parts of the country gather on the sides of national and state highways.
Chamber of Trade and Industry also urged the central government to withdraw the increased excise duty that was introduced last year due to the Covid-19 pandemic.
Crude oil prices in the global market increased from around $52 a barrel early this year to around $75 now. This is nearly double the pre-pandemic rate of $39 a barrel.
Both the Union and State governments have to work on controlling the rising fuel prices, as they have separate levies included in the final price.
Catching up with the worrying trend across the country and other parts of the State, Bengaluru on Friday saw petrol breaching the psychological mark of Rs 100 per litre for the first time ever.
The government is taxing petrol at Rs 65/litre, though it actually costs Rs 35, he said, during a protest in Mandya on the last day of a five-day campaign against fuel price hike.
Oil companies revise rates of petrol and diesel daily based on the average price of benchmark fuel in the international market in the preceding 15 days, and foreign exchange rates.
However, Telangana has already joined the list of other states such as Andhra Pradesh, Rajasthan, Madhya Pradesh and Maharashtra, where the petrol price has crossed Rs 100 per-litre mark.
With crude remaining below USD 65 a barrel, for most part of the last fortnight along with softer product prices, the oil companies decided to break their pause and passed on the benefit to the consum
Petrol and diesel in India have declined by nearly 15 per cent each from the record high levels they had reached in October.
The double-whammy of high fuel cost and low fares necessitated by extreme competition magnified as the rupee depreciated and interest-rates remained high.
As per the data, the fuel was priced at Rs 87.15 in Mumbai, Rs 83.52 in Kolkata and Rs 84.89 per litre in Chennai.