Relief to Delhiites: Petrol now cheaper by Rs 8 a litre

The Delhi government on Wednesday decided to reduce the VAT on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre, official sources said.

At a cabinet meeting chaired by Chief Minister Arvind Kejriwal, it was decided that the Value-Added Tax (VAT) on petrol will be reduced from the present 30 per cent to 19.4 per cent, leading to a cut of around Rs 8 per litre, they added.

The price of petrol after the VAT cut will go down from the current Rs 103 per litre to Rs 95 per litre, the sources said.