Petrol, diesel prices fall: Fuel prices drop drastically after tax cut; check price here

Petrol, diesel price todayPetrol and diesel prices remained stable for the 14th consecutive day on Wednesday, November 17. This came after a sharp drop in petrol prices as well as diesel prices in India, when the central government announced a cut in excise duty on the eve of Diwali. After this, the price of auto fuel was reduced by Rs 5 and Rs 10 respectively across the country. Amid the skyrocketing price of petrol and diesel in India, which had become a cause of concern for the common man, states also reduced the value added tax (VAT) due to the decision.

Rajasthan on Tuesday night announced that it has implemented new rates of petrol and diesel. Due to this, petrol became cheaper by Rs 4 in power, while the price of diesel was cut by Rs 5. Rajasthan had earlier informed about the decision but the amount was not disclosed. “Unanimously decided in the cabinet meeting today to reduce the rate of VAT on petrol/diesel. After this, from 12 o’clock tonight, petrol will be reduced by Rs 4 per liter and diesel by Rs 5 per liter.

Rajasthan is the second Congress ruled state to reduce VAT on petrol and diesel. Earlier Punjab had also done the same. However, some Congress-ruled states had not cut VAT and demanded a further reduction in central excise duty.

With the Centre’s tax cut, petrol price in the national capital Delhi rose to Rs 103.97 and remained unchanged on Wednesday. The price of petrol in Mumbai on that day was Rs 109.98 per liter, the highest in the metropolitan city. On Wednesday, the price of one liter of petrol in Kolkata was Rs 104.67. On Wednesday, the price of petrol in Chennai was Rs 101.40 a liter.

The cost of a liter of diesel that day was Rs 86.67. The Delhi government has not announced any reduction in VAT. Diesel price in the financial capital was retailing at Rs 94.14 for a liter after the price cut, and was also unchanged. The price of one liter of diesel in Kolkata was fixed at Rs 89.79. In Chennai, diesel was priced at Rs 91.43 per liter, while in Bhopal, Madhya Pradesh, a liter of diesel would cost Rs 90.87.

States/UTs offering additional VAT benefits in Ladakh, Karnataka, Puducherry, Jammu & Kashmir, Sikkim, Mizoram, Himachal Pradesh, Daman & Diu, Dadra & Nagar Haveli, Chandigarh, Assam, Madhya Pradesh, Tripura, Gujarat, Nagaland, Punjab There are regions. , Goa, Meghalaya, Odisha, Arunachal Pradesh, Manipur, Andaman and Nicobar, Bihar, Uttarakhand, Uttar Pradesh and Haryana.

Among the states that have not reduced VAT so far, the Congress and its allies have ruled Rajasthan, Chhattisgarh, Maharashtra, Jharkhand and Tamil Nadu. AAP-ruled Delhi, TMC-ruled West Bengal, Left-ruled Kerala, TRS-led Telangana and YSR Congress-ruled Andhra Pradesh have also not deducted VAT.

Here are the petrol price and diesel price in some Tier 1 and Tier 2 cities of the country:

Mumbai

Petrol – Rs 109.98 per liter

Diesel – Rs 94.14 per liter

Delhi

Petrol – Rs 103.97 per liter

Diesel – Rs 86.67 per liter

Chennai

Petrol – Rs 101.40 per liter

Diesel – Rs 86.67 per liter

Kolkata

Petrol – Rs 104.67 per liter

Diesel – Rs 89.79 per liter

Bhopal

Petrol – Rs 107.23 per liter

Diesel – Rs 90.87 per liter

Hyderabad

Petrol – Rs 108.20 per liter

Diesel – Rs 94.62 per liter

Bangalore

Petrol – Rs 100.58 per liter

Diesel – Rs 85.01 per liter

Chandigarh

Petrol – Rs 100.12 per liter

Diesel – Rs 86.46 per liter

Guwahati

Petrol – Rs 94.58 per liter

Diesel – Rs 81.29 per liter

Lucknow

Petrol – Rs 95.28 per liter

Diesel – Rs 86.80 per liter

Gandhinagar

Petrol – Rs 95.35 per liter

Diesel – Rs 89.33 per liter

Thiruvananthapuram

Petrol – Rs 106.36 per liter

Diesel – Rs 93.47 per liter

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