In Delhi, the price of petrol is Rs 96.72 per liter as of January 9, while the diesel price is Rs 89.62 per litre. Petrol costs Rs. 106.31 per litre in Mumbai. Due to a 3 rupee per liter VAT increase by the state government on Sunday, diesel became more expensive in Himachal Pradesh.
Changes So Far (Petrol And Diesel Prices) –
As of Monday, January 9, the price of petrol and diesel hasn’t changed in more than seven months. The finance minister announced the last nationwide fuel price cut on May 21 when the excise duty was reduced by Rs 8 per litre on petrol and Rs 6 per litre on diesel. The Value Added Tax (VAT) on gasoline and diesel in Maharashtra was decreased on petrol by Rs 5 per litre and by Rs 3 per litre for diesel in July.
Since the central government cut the excise tax, some states have also reduced the fuel VAT. Delhi charges Rs 96.72 for petrol and Rs 89.62 for diesel per litre, respectively. Diesel costs Rs 94.27 per litre and petrol costs Rs 106.31 in Mumbai. The last state to update fuel rates was Meghalaya, which increased its VAT on August 24. Shillong now pays Rs 96.83 for a litre of petrol and Rs 84.72 for a litre of diesel. Residents in India’s Silicon Valley Bengaluru will have to pay Rs 101.94 per litre for petrol while Rs 87.89 per litre for diesel.
The elevation varies depending on the fuel station. On the other hand, the tax on petrol was reduced by 0.55 paisa. Fuel’s VAT would increase from its current rate of Rs. 4.40 to Rs. 7.40 after the increase, increasing the price of a litre of diesel from Rs. 83 to Rs. 86.
Every day at 6 am, new prices for petrol and diesel go into action. Multiple factors, including Value Added Tax (VAT), freight costs, state and local taxes, etc., influence the price of petrol and diesel in each individual state. Public sector OMCs like Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL) often adjust their prices in accordance with foreign exchange rates and international benchmark prices.
Sending a text message to 9224992249 with the “RSP Dealer Code” of the gas station will allow customers to verify the cost of fuel in their cities. To find the price of gasoline and diesel in Delhi, for instance, text “RSP 102072” to 92249 92249.
Petrol and Diesel Prices Have Been Stable For Months –
The price freeze on petrol and Diesel Prices since May has resulted in significant losses for OMCs totaling Rs 2,748.66 crore in the quarter of July to September. However, due to lower marketing expenses and stronger margins in the October to December quarter and the continued weakness of the global oil market, losses are anticipated to be smaller. Residents in India’s Silicon Valley Bengaluru will have to pay Rs 101.94 per liter for petrol while Rs 87.89 per liter for diesel.
Check today’s gasoline and diesel prices in your city. Petrol, and diesel prices in Mumbai, Delhi, Noida, Gurugram, Chandigarh, Chennai, Kolkata, and Lucknow:
| Cities | Petrol(per litre) | Diesel(per litre) |
| Mumbai | 106.31 | 94.27 |
| Hyderabad | 109.64 | 97.8 |
| Noida | 96.79 | 89.96 |
| Lucknow | 96.62 | 89.81 |
| Kolkata | 106.03 | 92.76 |
| Chennai | 102.63 | 94.24 |
| Chandigarh | 96.20 | 84.26 |
| Gurugram | 97.18 | 90.05 |
| Delhi | 96.27 | 89.62 |
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