The Delhi government on Thursday reduced VAT on diesel from 30 percent to 16.75 percent per liter, making diesel cheaper by Rs 8.36 per liter.
With this, the pump price of diesel will now come down from the current level of 81.64 – 82 to Rs 73.64 per liter.
Petrol will cost Rs 80.43 per liter as there is no change in state taxes on it. The change in price will be visible from Friday when retail prices are revised by oil marketing companies.
Chief Minister gave information
Giving information about the decision of the Delhi Cabinet in a press conference, Chief Minister Arvind Kejriwal said, “We were getting demands from many regions in Delhi to reduce VAT on diesel. This cut will strengthen the economy in Delhi. ”
The only city in the country where diesel costs more than petrol
Delhi was the only major city in the country where diesel prices were higher than petrol. While the price of diesel is Rs 81.94 per liter, the price of petrol is Rs 80.43 per liter from June 29.