Huge drop in petrol prices As of 8 in the national capital, the Delhi government reduced the Value Added Tax (VAT) from 30% to 19.4%. As of today, the price of petrol is . Is 95.41 against yesterday’s Rs 103.97.
With this, petrol prices in Delhi become the cheapest in the entire NCR. At present, one liter of petrol can be bought in Gurgaon and Noida. 95.90 and 95.51 respectively.
Meanwhile, the price of diesel is 86.67 per liter. City’s diesel prices already ‘cheapest’ in NCR 86.67 per liter while the rates of diesel in Noida and Gurgaon are 87.01 more 87.11 per litre, respectively,” the AAP government said in a statement yesterday.
The decision to reduce VAT on petrol was taken in the cabinet meeting chaired by Chief Minister Arvind Kejriwal yesterday. Later on the CM said on Twitter, “We made petrol very cheap in Delhi today. VAT reduced from 30 percent to 19.4 percent. Petrol and diesel become cheaper in Delhi as compared to other NCR cities. I hope that This step will give relief to the people of Delhi from inflation.”
Petrol price in Delhi was earlier much higher as compared to NCR cities of Uttar Pradesh and Haryana.
A statement issued by the AAP government yesterday noted, “The Delhi government had “slightly” increased the VAT rate on petrol last year. At that time, the VAT on petrol in Delhi was 27 per cent, which was later increased to 30 per cent. Gaya.
Now the reduction of 10.58 percent in VAT will directly benefit the public by reducing the price of petrol. 8, it added.
Check rates in your city
Meanwhile, there is no change in fuel prices in other cities today. What is the price of 1 liter of petrol in Mumbai? 109.98 per liter and diesel rates are 94.14 per liter.
For Kolkata and Chennai, petrol and diesel price 104.67 more 89.79 more 101.40 more 91.43 respectively. Prices vary from state to state, depending on local taxes and the cost of transportation.
Mumbai
petrol – 109.98 per liter
diesel – 94.14 per liter
Chennai
petrol – 101.40 per liter
diesel – 91.43 per liter
Kolkata
petrol – 104.67 per liter
diesel – 89.79 per liter
Hyderabad
petrol – 108.20 per liter
diesel – 94.62 per liter
Bangalore
petrol – 100.58 per liter
diesel – 85.01 per liter
Lucknow
petrol – 95.28 per liter
diesel – 86.80 per liter
Thiruvananthapuram
petrol – 106.36 per liter
diesel – 93.47 per liter
By how much did the Center cut excise duty on petrol on 4th November? 5 per liter and by diesel 10 per liter
(with inputs from agencies)
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