Fuel Rates in India Today (July 15): The price of petrol in Mumbai fell by Rs 5.04 per litre while that of diesel declined by Rs 3.01 after the Maharashtra government announced a reduction in the value added tax (VAT) on petrol and diesel by Rs 5 and Rs 3 per litre respectively.
Following the reduction, petrol is retailing at Rs 106.31 per litre, while diesel is available for Rs 94.27 in the country’s financial capital. Among other key cities of Maharashtra, in Pune, petrol was selling at Rs 105.84 a litre while diesel was available at 92.36. In Nagpur, petrol was retailing at 106.03 and diesel was sold at 92.58, data available on Indian Oil Corporation’s website showed.