Petrol and Diesel Prices on Feb 4, 2022: The price of petrol in Delhi stands at Rs 95.41 per liter while diesel is available for Rs 86.67. In Mumbai, petrol sells for Rs 109.98 while diesel costs Rs 94.14
A gas station in Gangtok. Image courtesy of Wikimedia Commons
Gasoline and diesel prices remained unchanged in the country on Friday, February 4.
In Delhi, fuel is relatively cheaper than in the rest of the metros, as the state government had previously decided to reduce the Value Added Tax (VAT) on petrol, bringing down the price of fuel in the city. city of around Rs 8 per litre.
In a cabinet meeting chaired by Chief Minister Arvind Kejriwal, it was decided that the VAT on petrol would be reduced from the current 30% to 19.4% resulting in a reduction of around Rs 8 per litre, officials said.
The price of petrol after the VAT cut will rise from Rs 103 per liter to Rs 95 per litre, sources said. PTI.
Previously, the price of gasoline in Delhi was higher than in the NCR cities of Uttar Pradesh and Haryana, where state governments announced a reduction in VAT following the reduction by the Center excise duties on fuel prices.
The Center had, on the eve of Diwali, announced a reduction in fuel excise duties leading to a sharp drop in petrol and diesel prices across the country. The government had reduced the price of petrol by Rs 5 and that of diesel by Rs 10. Following this decision, several states, mostly governed by the National Democratic Alliance (NDA) and its allies, also reduced the tax value added (VAT) on gasoline and diesel prices.
Opposition-ruled Punjab and Rajasthan also followed the signal to announce the biggest cut in petrol prices. The price of petrol in Punjab has been further reduced by up to Rs 16.02 per liter and diesel by Rs 19.61 per liter due to the combined impact of excise duty and VAT reduction , according to price lists shared by state-owned fuel retailers. VAT on the price of petrol has been reduced by Rs 11.02 while that of diesel has been reduced by Rs 6.77 in the state. In Ladakh, diesel saw the biggest reduction, with tariffs falling by Rs 9.52 per litre. This is due to a reduction in VAT in addition to the reduction in excise duty of Rs 10 per litre.
In Delhi, petrol costs Rs 95.41 per liter while the diesel tariff was Rs 86.67 per litre.
In Mumbai, petrol can be purchased at Rs 109.98 per liter and diesel costs Rs 94.14 per litre.
In Chennai, a liter of petrol is priced at Rs 101.40. On Friday, the price per liter of diesel was Rs 91.43 per litre.
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Petrol in Kolkata costs Rs 104.67 per liter while diesel costs Rs 101.56 per litre.
While petrol can be purchased at Rs 107.23 in Bhopal, a reduction of Rs 6.27, diesel costs Rs 90.87 per litre.
Here are the prices of diesel and gasoline in a few Tier II metros and cities around the country:
Petrol – Rs 109.98 per liter
Diesel – Rs 94.14 per liter
Gasoline – Rs 95.41 per liter
Diesel – Rs 86.67 per liter
Petrol – Rs 101.40 per liter
Diesel – Rs 91.43 per liter
Petrol – Rs 104.67 per liter
Diesel – Rs 89.79 per liter
Gasoline – Rs 107.23 per liter
Diesel – Rs 90.87 per liter
Petrol – Rs 108.20 per liter
Diesel – Rs 94.62 per liter
Gasoline – Rs 100.58 per liter
Diesel – Rs 85.01 per liter
Petrol – Rs 94.58 per liter
Diesel – Rs 81.29 per liter
Petrol – Rs 95.28 per liter
Diesel – Rs 86.80 per liter
Petrol – Rs 95.35 per liter
Diesel – Rs 89.33 per liter
Petrol – Rs 106.36 per liter
Diesel – Rs 93.47 per liter
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