Petrol and diesel prices vary from state to state depending on VAT and freight.
Petrol, Diesel Prices today: The trend of increasing prices of petrol and diesel is going on in the country. This is the first time when more than 100 rupees are being paid for a liter of petrol in India. After Rajasthan, the price of petrol has also crossed this level in Madhya Pradesh on Thursday. Oil marketing companies raised oil prices for the tenth consecutive day. According to the notifications of oil companies, on February 18, petrol price was increased by 34 paise and diesel price by 32 paise per liter.
Branded i.e. premium petrol prices have already crossed the Rs 100 level in some states like Maharashtra, Madhya Pradesh and Rajasthan. Tax on branded petrol is high. At the same time, regular petrol also crossed the psychological level of Rs 100 per liter in Sriganganagar, Rajasthan on Wednesday and Madhya Pradesh on Thursday. Petrol in Madhya Pradesh was recorded at Rs 100.25 per liter and diesel Rs 90.35 per liter.
Petrol and diesel prices vary from state to state. It depends on VAT and freight i.e. freight charge from states. Please tell, Rajasthan is the highest VAT on petrol and diesel in the country. After this, VAT rates are the highest in Madhya Pradesh. Tax on Madhya Pradesh Petrol is thus 33% VAT + Rs.4.5 / litreVAT + 1% Cess. This is 23% VAT + Rs.3 / liter VAT + 1% Cess on diesel.
Petrol in Delhi near 90
In the capital Delhi, petrol price rose to Rs 89.88 per liter and diesel reached Rs 80.27 per liter on Thursday. At the same time, the price of petrol in Mumbai reached Rs 96.32 per liter and the price of diesel reached Rs 87.32 per liter.
Oil Minister Dharmendra Pradhan had earlier alleged on Thursday that oil prices are rising in the international market due to the production cut by oil producing countries, due to which there is a surge in prices in India. He has appealed to Saudi Arabia and other global oil producing countries to reduce production cuts. He says that due to rising oil prices in the international market, economic recovery and demand are being shocked.