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Petrol and diesel prices witness drop for fifth straight day; know the prices in your area

The prices are mentioned below

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It’s been the fifth continuous day that has witnessed a drop in both petrol and diesel prices.

According to the rate chart, petrol price in Delhi today is at Rs. 75.69 per litre. In Mumbai, petrol price is Rs. 83.30 per litre. In Chennai and Kolkata, petrol prices are Rs. 78.55 per litre and Rs. 78.37 per litre respectively. Diesel prices are also dropped today by 6 paise per litre in Delhi and Kolkata, by 10 paise in Mumbai and by 7 paise in Chennai, as mentioned by on Indian Oil Corporation (IOC) website.

Petrol Prices (Metro)

Delhi
75.79
Kolkata
78.47
Mumbai
83.44
Chennai 78.55

Diesel prices now stands at Rs. 67.48 per litre in Delhi. Diesel price in Mumbai is Rs. 71.66 per litre. Diesel price in Kolkata is Rs. 70.03 per litre. In Chennai it is Rs. 71.22 per litre. The new listed rates are applicable from 6:00 am on 25th June 2018.

Delhi 67.48
Kolkata 70.03
Mumbai 71.66
Chennai 71.22

Since May 30, the petrol prices have been cut by Rs. 2.5 per litre in Delhi. In the past one week, diesel prices came down by 24 paise in Delhi, while they came down by 67 paise in the past two weeks.

These are the petrol prices for other cities

Agartala

71.59

Aizwal

71.70

Ambala

75.81

Bangalore

76.91

Bhopal

81.28

Bhubhaneswar

74.52

Chandigarh

72.80

Dehradun

77.18

Gandhinagar

75.00

Gangtok

78.80

Guwahati

77.980

Hyderabad

80.17

Imphal

73.79

Itanagar

71.64

Jaipur

78.42

Jammu

77.43

Jullunder

80.88

Kohima

74.21

Lucknow

76.67

Panjim

69.75

Patna

81.18

Pondicherry

74.51

Port Blair

65.27

Raipur

76.11

Ranchi

75.83

Shillong

75.14

Shimla

75.87

Srinagar

80.13

Trivandrum

78.78

Silvasa

73.64

Daman

73.56

Recently a top government official said a peak tax rate of 28% plus states levying some amount of local sales tax or VAT on petrol and diesel is likely to be the tax structure when the two auto fuels are covered under the GST regime.

The peak GST rate plus VAT will be equal to the present tax incidence, which is made up of excise duty, levied by the central government, and VAT charged by the states. But before the two fuels are put under GST, the Centre has to decide if it is willing to let go of the about Rs 20,000 crore of input tax credit it currently pockets by keeping petrol, diesel, natural gas, jet fuel and crude oil out of the Goods and Services Tax (GST) regime that came into force from July 1, 2017, the official said.

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