A couple of days after the Central government’s decision to cut the Value Added Taxes (VAT) on fuel prices by Rs 2.50 and Bharatiya Janata Party (BJP)-ruled states’ additional relief of Rs 2.50, fuel prices witnessed a marginal hike yet again as petrol price in Delhi was marked at Rs 81.68 per litre with an increase of Rs 0.18, while diesel was priced at Rs 73.79 per litre, increasing by Rs 0.29. Mumbai witnessed the petrol price surge to Rs 87.15 per litre with an increase of Rs 0.18, while diesel was priced at Rs 76.75, decreasing by Rs 0.70.
“Petrol and Diesel prices in #Delhi are Rs 81.68 per litre (increase by Rs 0.18) and Rs 73.79 per litre (increase by Rs 0.29), respectively. Petrol & Diesel prices in #Mumbai are Rs 87.15 per litre (increase by Rs 0.18) and Rs 76.75 (decrease by Rs 0.70), respectively,†reported News Agency ANI.
Petrol and Diesel prices in #Delhi are Rs 81.68 per litre (increase by Rs 0.18) and Rs 73.79 per litre (increase by Rs 0.29), respectively. Petrol & Diesel prices in #Mumbai are Rs 87.15 per litre (increase by Rs 0.18) and Rs 76.75 (decrease by Rs 0.70), respectively. pic.twitter.com/lZNsqxfkNa
— ANI (@ANI) October 6, 2018
Meanwhile, the Bihar government on Friday announced that it would be reducing excise duty on both petrol and diesel while making it cheaper by Rs 2.52 and Rs 2.55 per litre respectively.
In Patna, petrol was marked at Rs 85.28 per litre, while diesel was at Rs 76.30 per litre.
BJP-ruled states of Haryana and Himachal Pradesh Thursday announced a reduction in Value Added Tax (VAT) on petrol and diesel prices by Rs. 2.5 per litre,Â
Haryana’s Finance Minister Capt. Abhimanyu on Friday made the announcement of state government's decision to reduce VAT on both petrol and diesel by Rs 2.5 per litre.
“The state government has decided to reduce VAT on petrol and diesel by about Rs 2.5 per litre. The revised rates would be effective from today mid-night. After reduction, the revised rates of diesel in Haryana would be about Rs 71 per litre and petrol would be about Rs 79 per litre. This would cause an annual burden of Rs 1,920 crore on state exchequer,†he had said.
On Saturday, Gurgaon witnessed the petrol to be priced at Rs 80.37 per litre, while diesel was marked at Rs 72.14 per litre.
The Jharkhand government also levied an additional relief of Rs 2.50 per litre on petrol, making it Rs 78.05 per litre, while diesel stood at Rs 74.81 per litre.
The Devendra Fadnavis-led government in Maharashtra on Friday decided to slash the price of diesel by Rs 1.56 per litre, making it Rs 76.75, whereas petrol was marked at Rs 87.15 in Mumbai.
Meanwhile, in Kolkata, petrol was priced at Rs 83.52 per litre while diesel was marked at Rs 75.09 per litre.
In Bhubaneswar, Odisha, petrol stood at Rs 80.51 per litre, whereas diesel was priced at 78.59 per litre.
Congress-ruled Punjab is yet to decide on the fuel price cut, however, Haryana announced a cut of Rs 1.50 on both petrol and diesel.
"Chandigarh Administration reduces petrol and diesel prices by Rs.1.50 per litre," a statement read.
As a result, petrol was marked at Rs 77.12 per litre, while diesel was priced at Rs 69.69 per litre in Chandigarh.
Gujarat’s Gandhinagar witnessed the petrol price to be at Rs 78.85 per litre, while diesel was at Rs 76.72 per litre.
Meanwhile, in Patna, petrol got up to Rs 85.28 and diesel to Rs 76.30 per litre.
In Guwahati, Petrol stood at Rs 81.56 whereas diesel was priced at 74.07 per litre. Whereas Bengaluru witnessed the petrol price surge to Rs 82.32 with diesel being at Rs 73.61.
Madhya Pradesh’s Bhopal saw the price of petrol being marked at Rs 84.87, while diesel stood at Rs 74.63 per litre.
On Thursday, Finance Minister Arun Jaitely announced marginal relief for commuters by slashing the oil duty by Rs 1.50 and another Re 1 drop in what the government charges from Oil Marketing Companies (OMCs).
Finance Minister Arun Jaitley announced marginal relief for citizens with an oil duty cut of Rs 1.50 and another Re 1 drop in what the government charges from Oil Marketing Companies (OMCs).