The strike called by the Federation of All India Petroleum Traders will begin from the midnight of April 12 and will last till midnight of April 13, a release said.
The dealers are demanding that they be given five per cent margin on invoice value among other things and warned that failure to meet them would prompt the Federation to launch an indefinite nationwide "no purchase and no sale" stir from April 28, the release added.
The federation has also demanded that no penal action be taken against dealers reporting higher losses beyond current permissable limits pending the submission of report by Indian Institute of Petroleum, Dehradun.
The traders' body has demanded marker testing equipment to assess the quality of fuel supplied and the appointment of an appellate authority for the redressal of dealer complaints.