Diesel to get cheaper in Delhi by over â‚¹8 per litre
Diesel in Delhi will get cheaper as the Delhi Cabinet today decided to reduce VAT or value-added tax on the fuel to 16.75% from 30%. This will reduce price of diesel in Delhi from â‚¹82 to â‚¹73.64 or by â‚¹8.36 per litre, said Delhi chief minister Arvind Kejriwal. The Delhi government had in May hiked value-added tax (VAT) on the auto fuels. The Centre levies excise duty on the two auto fuels. It had also hiked excise duty sharply in May this year.
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Updated : 30 July 2020, 01:50 PM