- Gujarat, Maharashtra cut VAT on petrol, diesel on Tuesday
- A litre of petrol costs Rs 67.86 in Gandhinagar, diesel at Rs 61.23 today
- Petrol price at Rs 75.59/litre in Mumbai, diesel at Rs 59.58/litre
The Maharashtra government on Tuesday approved a proposal to reduce the VAT on petrol and diesel by Rs 2 and Rs 1 a litre. Following this VAT cut, petrol today retailed at Rs 75.59 in Mumbai, as compared to Tuesday's price of Rs 77.58, according to the Indian Oil website. Diesel is being sold at Rs 59.58 in Mumbai today, as compared to Tuesday's price of Rs 60.55.
The Himachal Pradesh government on Tuesday also reduce VAT on petrol and diesel by 1 per cent. Petrol retailed at Rs 69.16 per litre in Shimla while diesel was being sold at Rs 57.23 per litre.
|Unbranded Petrol (Rs)||Delhi||Kolkata||Mumbai||Chennai|
|Unbranded Diesel (Rs)||Delhi||Koltata||Mumbai||Chennai|
(Petrol rates and diesel rates in metro cities as given on the IOC website. Prices may vary from outlet to outlet within a city)
Meanwhile, the central government has urged states to cut VAT on petrol and diesel. Currently, petroleum products don't come under the GST regime. The Centre had last week cut excise duty on petrol and diesel by Rs 2 per litre each to provide some relief to consumers from a three-month long relentless price hike.
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