Petrol price cut by Rs 1 per litre

Petrol price cut by Rs 1 per litre

first_imgPetrol price was cut on Tuesday by Re 1 a litre, but the first reduction in diesel rates in over five years will have to wait till completion of assembly polls. State-owned oil firms, which cut petrol price by 54 paisa on October 1, reduced rates by another Re 1 per litre, excluding local sales tax or VAT, with effect from midnight tonight, Indian Oil Corp (IOC) announced. After accounting for the incidence of local sales tax, petrol rate in Delhi was reduced by Rs 1.21 a litre to Rs 66.65 per litre, according to IOC.last_img

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