Petrol price in Delhi cut by Rs 8 as Delhi govt reduces VAT to 19.4%

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Fuel prices differ from state to state depending on local VAT and freight charges. (Photo credit: PTI file)
The price of petrol in Delhi is set to come down by Rs 8 per litre after the Delhi government decided to reduce the Value-Added Tax (VAT) from 30% to 19.40%, official sources said. The new rates will come in to effect from midnight on Wednesday.

The decision was made at a cabinet meeting chaired by Chief Minister Arvind Kejriwal, reported news agency PTI quoting sources. The price of petrol after the VAT cut will go down from the current Rs 103 per litre to Rs 95 per litre.

The petrol price in Delhi was higher as compared to the NCR cities in Uttar Pradesh and Haryana, where the state governments had announced a VAT cut following the Centre reducing the excise duty on fuel prices.

The central government had announced a reduction of Rs 5 per litre in the excise duty on petrol and a Rs 10 per litre on diesel in the first week of November, after fuel prices touched a record high.

Opposition parties in Delhi have been urging the state government to cut VAT on petrol at their end as well. Delhi BJP leaders had demanded that VAT be cut by Rs 10 per litre of petrol, after the Centre’s announcement. Fuel prices differ from state to state depending on local VAT and freight charges.

Message of humanity news

kazi Maolana Abdul Wahid sahab

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