views
Even as the international fuel prices hit a six-month low, the Indian Oil Marketing Companies (OMCs) have not exercised the right to adjust the petrol and diesel prices in the country for retail selling. The petrol and diesel prices continue to remain steady in the country on August 19. The trend has been going on for almost three months now with the last revision in rates seen on May 22 when Finance Minister Nirmala Sitharaman cut the excise duty on petrol and diesel by Rs. 8 and Rs. 6 per litre, respectively.
Previously on July 15, the Maharashtra state government had announced a reduction in the Value Added Tax (VAT) on fuel prices leading to the petrol prices in the state being cut by Rs.5 and diesel prices by Rs.3. The VAT cut is expected to put a burden of Rs. 6,000 crore on Maharashtra government on an annual basis.
According to data available on the Indian Oil Corporation’s website, in the national capital on August 19, petrol and diesel prices hold the same at Rs. 96.72 per litre and Rs. 89.62 per litre. The revised petrol rate in Mumbai stands at Rs 106.31 while the diesel price is Rs 94.27 per litre. The cost of petrol in Kolkata has remained unchanged and it stands at Rs. 106.03, while the cost of diesel stands at Rs. 92.76. Meanwhile, petrol and diesel in Chennai are being sold for Rs. 102.63 and Rs 94.24, respectively.
Check Out the Rates in Some of the Major Cities in India for August 19, 2022:
Delhi
Petrol: Rs 96.72 per litre
Diesel: Rs 89.62 per litre
Mumbai
Petrol: Rs 106.31 per litre
Diesel: Rs 94.27 per litre
Kolkata
Petrol: Rs 106.03 per litre
Diesel: Rs 92.76 per litre
Chennai
Petrol: Rs 102.63 per litre
Diesel: Rs 94.24 per litre
Bhopal
Petrol: Rs 108.65 per litre
Diesel: Rs 93.90 per litre
Hyderabad
Petrol: Rs 109.66 per litre
Diesel: Rs 97.82 per litre
Bengaluru
Petrol: Rs 101.94 per litre
Diesel: Rs 87.89 per litre
Guwahati
Petrol: Rs 96.01 per litre
Diesel: Rs 83.94 per litre
Lucknow
Petrol: Rs 96.57 per litre
Diesel: Rs 89.76 per litre
Gandhinagar
Petrol: Rs 96.63 per litre
Diesel: Rs 92.38 per litre
Thiruvananthapuram
Petrol: Rs 107.74 per litre
Diesel: Rs 96.26 per litre
Read the Latest News and Breaking News here
Comments
0 comment