On the night Diwali, the government has announced customs deductions on fuel. This step produces a sharp decline in gasoline and diesel rates, throughout the country. And now, for the 27th day in a row, the fuel tariff remained unchanged on November 29, today. In particular, the center has cut gasoline rates by RS. 5 and diesel rates by RS. 10. Following the decision, the central government also urges countries to reduce value added tax (PPN) on fuel. Some states, the majority are ruled by NDA and their allies, announced a reduction in VAT which caused further decreases in the fuel rate.
Punjab is ruled by opposition and Rajasthan pays attention to the central demand and brings gasoline prices. The price of gasoline in Punjab is roughly reduced by 16.02 per liter and diesel dipped by Rs 19.61 per liter. This is the combined impact of customs and Cutting VAT. In Delhi, one liter of gasoline will cost Rs 103.97 while the diesel rate is Rs 86.67 per liter. Followed by financial capital, where one liter of gasoline can be purchased at Rs 109.98, and Diesel will cost Rs 94.14 per liter. On November 29, gasoline in Chennai and Kolkata sold at Rs 101.40 and Rs 104.67 per liter, while the diesel rate was Rs 91.43 and Rs 101.56 per liter.