Gasoline and diesel prices fall after the reduction in excise duties; See fuel prices


Price of gasoline, diesel today: Gasoline and diesel prices remained unchanged for the 18th consecutive day on November 20, Saturday. Gasoline and diesel prices have remained the same since the central government reduced excise taxes on gasoline and diesel. Motor fuel prices have been reduced by Rs 5 and Rs 10. In addition, several states governed by the BJP and NDA have also announced a reduction on value added tax or VAT. The price of gasoline and diesel had a long shelf life before the Center and the States announced reductions in excise duties. So far, 24 states have announced VAT cuts on fuel prices, while 11 states – all opposition-led – have not taken a similar decision.

According to a report by the PTI news agency, the gross incidence of the tax on gasoline has fallen by 50 percent, while that of diesel has fallen to 40 percent, following lower tariffs. The reduction in fuel prices has led the BJP and its partner states to witness larger reductions in gasoline and diesel prices compared to Maharashtra, Delhi, West Bengal and other states governed by other political parties, according to a price table from different locations. prepared by state oil companies.

On Saturday, the price of gasoline in Delhi remained at 103.97 rupees per liter. The price of diesel in the nation’s capital fell below Rs 100 and was retailing at Rs 94.14 per liter.

The price of gasoline in Calcutta stood at Rs 104.67 per liter for the sixth day in a row, according to a notification from state-run oil marketing companies. Diesel tariffs in the West Bengal capital remained at Rs 89.79 per liter.

In Mumbai, gasoline was selling for Rs 109.98 per liter that day. The price of diesel in the financial capital was retailing at Rs 94.14 per liter after the price drop, and was also unchanged.

In Chennai, the price of gasoline was Rs 101.40 per liter while the price of this quantity of diesel was Rs 91.43. The price of gasoline in Bhopal was Rs 107.23, while the price of diesel in Madhya Pradesh city was Rs 90.87 per liter.

Like every day, gasoline and diesel prices were notified on Friday by oil marketing companies such as Hindustan Petroleum, Indian Oil and Bharat Petroleum. The new rates were notified at 6 a.m. as usual. States and cities have different fuel prices, this is due to value added taxes or VAT, local and transportation charges, which vary from place to place. The price of gasoline and diesel also depends on international crude oil prices in world markets and rupee-dollar exchange rates.

Among the four metropolitan cities, gasoline is still the most expensive in Mumbai, while Mohali tops the rankings in these terms among all Indian cities.

Here are the prices of diesel and gasoline in some Tier 1 and Tier 2 cities across the country:

Bombay

Gasoline – Rs 109.98 per liter

Diesel – Rs 94.14 per liter

Delhi

Gasoline – Rs 103.97 per liter

Diesel – Rs 86.67 per liter

Chennai

Gasoline – Rs 101.40 per liter

Diesel – Rs 91.43 per liter

Calcutta

Gasoline – Rs 104.67 per liter

Diesel – Rs 89.79 per liter

Bhopal

Gasoline – Rs 107.23 per liter

Diesel – Rs 90.87 per liter

Hyderabad

Gasoline – Rs 108.20 per liter

Diesel – Rs 94.62 per liter

Bangalore

Gasoline – Rs 100.58 per liter

Diesel – Rs 85.01 per liter

Chandigarh

Gasoline – Rs 100.12 per liter

Diesel – Rs 86.46 per liter

Guwahati

Gasoline – Rs 94.58 per liter

Diesel – Rs 81.29 per liter

Lucknow

Gasoline – Rs 95.28 per liter

Diesel – Rs 86.80 per liter

Gandhinagar

Gasoline – Rs 95.35 per liter

Diesel – Rs 89.33 per liter

Thiruvananthapuram

Gasoline – Rs 106.36 per liter

Diesel – Rs 93.47 per liter

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