Govt Hikes Excise Duty On Petrol, Diesel By Rs 2/Litre
However, no change in retail prices; Cooking gas price hiked by Rs 50 per cylinder: Oil Minister
Govt Hikes Excise Duty On Petrol, Diesel By Rs 2/Litre
New Delhi: The government on Monday hiked the cooking gas price by a steep Rs50 per cylinder and raised excise duty on petrol and diesel by Rs2 per litre each, but without changing retail prices.
The increase in cooking gas price will be for the Ujjawala - poor beneficiaries who got LPG connection free of cost - and the general users, and will be effective from April 8, Oil Minister Hardeep Singh Puri said. Cooking gas for Ujjawala useRswill cost Rs553 per 14.2-kg cylinder from the current Rs503 in the national capital.
The same for general users will now cost Rs853. The rates, which vary from state to state depending on local incidence of taxes, were last revised in March last year when they were cut by Rs100.
Alongside, the government hiked excise duty on petrol and diesel by Rs2 per litre each, but there will be no change in retail prices as the increase will be adjusted against the price cut that was warranted because of falling international oil prices.
