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Home » Beyond Metros » Bihar reduces VAT on petrol by Rs 3.20 and on diesel by Rs 3.90 per litre after Centre’s excise duty cut

Bihar reduces VAT on petrol by Rs 3.20 and on diesel by Rs 3.90 per litre after Centre’s excise duty cut

Amit Shah said the reduction in excise duty on petrol and diesel is a very sensitive decision by PM Modi, and it will not only bring relief to the common man but also reduce inflation.

By Newsd
Published on :
Coronavirus disruption may push Centre to further hike duty on petrol, diesel

Bihar chief minister Nitish Kumar on Thursday announced reduction of Value Added Tax (VAT) on petrol by Rs 3.20 per litre and on diesel by Rs 3.90 in the state.

Amit Shah said the reduction in excise duty on petrol and diesel is a very sensitive decision by PM Modi, and it will not only bring relief to the common man but also reduce inflation.

On Thursday, petrol in Delhi was priced at Rs 103.97 for every litre and diesel at Rs 86.67 per litre. In Mumbai, petrol was being sold at Rs 109.98 per litre and diesel for Rs 94.14 per litre. On Wednesday, petrol in Delhi was sold at Rs 110.04 for every litre and Rs 115.85 per litre in Mumbai. Diesel in the national capital was being sold at Rs 98.42 per litre and Rs 106.62 per litre in Mumbai.

Kolkata saw the price of diesel being reduced by Rs 5.82 to Rs 104.67 per litre and that of diesel by Rs 11.77 to Rs 89.79 per litre

Petrol price in Chennai has been reduced by Rs 5.26 to Rs 101.40 per litre and diesel by Rs 11.16 to Rs 91.43 per litre.

Prices differ from state to state depending on the local incidence of taxes

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