After the Delhi cabinet’s decision to slash VAT from 30% to 19.4%, the price of petrol in Delhi has been reduced by Rs 8. Petrol will now cost Rs 95.97. Before the reduction, the cost was Rs 103.97.
“We have made petrol very cheap in Delhi from today. VAT rates have been reduced from 30% to 19.4%. Petrol and diesel will be cheaper in Delhi as compared to other cities of NCR. I hope this step will bring huge relief to the people of Delhi from inflation,” Chief Minister Arvind Kejriwal tweeted.
The government issued a statement saying that following the cut, both petrol and diesel will be the cheapest in Delhi among all NCR
towns.
