[ad_1]
After liquor, fuel becomes more expensive in Delhi. The price of gasoline increased by Rs 1.67 per liter and diesel by Rs 7.10 per liter in Delhi, as the government increased VAT on car fuel.
(PTI photo for representation)
HIGHLIGHT
- The price of gasoline in Delhi increased by Rs 1.67 per liter
- Diesel prices also increased by a sharp Rs 7.10 per liter
- Rise in fuel prices after Delhi government increased VAT on two fuels
Gasoline and diesel prices in Delhi saw a big rise on Tuesday after the Delhi government raised the local sales tax or value added tax (VAT) on the two fuels.
While the price of diesel increased by 7.1 per liter in Delhi, that of gasoline increased by 1.67 per liter after the Delhi government increased VAT on auto fuel.
This follows the Delhi government’s decision to raise gasoline VAT to 30 percent from 27 percent previously. In the case of diesel, VAT has almost doubled to 30 percent from 16.75 percent.
The move to increase fuel prices is expected to boost government revenue, which has been hit hard by the coronavirus blockade. The Delhi government had decided on Monday night to impose a 70% “special crown rate” on liquor.
In a nightly notification, the Delhi Government Finance Department said: “70 percent of the maximum retail price (to be imposed) on all categories of spirits sold through retail consumer concessionaires …”
[ad_2]
