Fuel Price Update : Fuel prices remain unchanged

Insight Online News

New Delhi, Nov 10 : There were no changes in petrol and diesel prices on Wednesday.

In the national capital a litre of petrol costs Rs 103.97, it costs Rs 104.67/litre in Kolkata, Rs 109.98 in Mumbai and Rs 101.40 in Chennai.

Similarly, a litre of diesel is available at Rs 86.67 in New Delhi, Rs 94.14 in Mumbai, Rs 89.79 in Kolkata and Rs 91.43 in Chennai.

The fuel prices had come down sharply last week after the Centre announced reduction in excise duties on petrol and diesel by Rs five and Rs ten respectively.

Following the Centre, most state governments and union territories too reduced Value Added Tax (VAT) on petrol and diesel, providing much relief to the common man.

Some states, mostly non BJP- ruled, are yet to undertake any reduction in VAT on motor fuels.

Prices of diesel and petrol were rising for the last few days across the country, breaching all previous records but the Centre’s announcement to cut the excise duties gave relief to people using the two motor fuels. The rise in the fuel prices in the domestic market is mainly attributed to global upsurge in crude oil prices.

UNIINDIA

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