Fuel rates remain unchanged as petrol and diesel prices stay constant on Tuesday across various cities in the country including the national capital Delhi, metro cities Mumbai, Kolkata and Chennai. Currently, the cost of one litre of petrol in Delhi stands at Rs 103.97 and that of diesel at Rs 86.67 per litre.
Meanwhile, In Mumbai, the petrol and diesel prices have remained static at Rs 109.98/litre and Rs 94.14 per litre, respectively. As for Kolkata and Chennai, petrol and diesel cost Rs 104.68 and Rs 89.79 and Rs 101.40 and Rs 91.43 respectively in Chennai.
Prices differ from state to state, depending on the incidence of local taxes and cost of transportation. As per the Ministry of Petroleum and Natural Gas, following the reduction, 23 states and Union Territories also undertook a commensurate reduction of VAT on Petrol and Diesel to give relief to consumers.
Meanwhile the Chhattisgarh government on Monday reduced Value Added Tax (VAT) on diesel by 2 per cent and on petrol by 1 per cent. The Chief Minister said that by this move, the state government will incur a loss Rs 1,000 crore.
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