Gasoline and Diesel Prices Today, December 17th: The prices of gasoline and diesel as automobile fuel remained unchanged nearly 50 days after the national price decline in November. In Delhi, the state government has recently further reduced gasoline prices. The government led by Arvind Kejriwal of Delhi recently announced that it will reduce the value-added tax (VAT) on gasoline. With this, gasoline in the capital is 8 rupees cheaper per liter, which is less than 100 rupees. The central government lowered the consumption tax on gasoline and diesel by 5 rupees and 10 rupees respectively in November. This is the strong opposition that the country faced when fuel prices soared.
After the center cut the excise tax on fuel prices, many states—including the three opposition-ruled states—started to cut the value-added tax (VAT) on gasoline and diesel. Delhi is the latest state to reduce the value-added tax on gasoline and diesel. The two back-to-back price cuts for auto fuel have further reduced the price, which is a relief for ordinary people.
With tax cuts in the center and state value-added tax cuts, gasoline prices in the capital dropped to 95.41 rupees, which remain unchanged today. The price of gasoline in Mumbai that day was 109.98 rupees per liter, the highest among major cities. In Kolkata, the price of a liter of gasoline on Thursday was 104.67 rupees. In Chennai, the price of gasoline on Thursday was 101.40 rupees per liter. The price of gasoline in Ahmedabad that day was 95.13 rupees.
The price of a liter of diesel in Delhi was 86.67 rupees that day. After the price cut, the retail price of diesel in the Financial Capital was 94.14 rupees per liter, and there was no change. In Kolkata, the price of a liter of diesel is fixed at 89.79 rupees. In Chennai, the price of diesel is 91.43 rupees per liter, while in Bhopal, Madhya Pradesh, the price of a liter of diesel is 90.87 rupees.
Based on factors such as international crude oil prices, value-added tax and freight, gasoline and diesel prices vary from state to state. Petroleum Marketing Company updates gasoline and diesel prices at 6 am every day.
Complete News Source : The Indian Nation
