Petrol, diesel to be cheaper by Rs 2 in Karnataka

Petrol and diesel will be cheaper by Rs 2 per liter across Karnataka from Tuesday following a reduction in state cess, the Chief Minister's Office (CMO) said on Monday.

"The sales tax levied by the state on petrol and diesel is 32 percent and 21 percent respectively, which has been reduced by 3.25 percent and 3.27 percent respectively," the statement added.

"... the fuel price will thus decrease by Rs 2 per liter," the CMO tweeted.

Chief Minister H.D. Kumaraswamy also announced the relief at a public event at Kalaburagi, about 620 km from here.

Petrol price in Bengaluru is Rs 84.74 per liter and diesel Rs 76.16 per liter, according to the Indian Oil Corp. The average prices of petrol and diesel across the state are Rs 84.80 and Rs 76.21 per liter respectively.

Bengaluru has lakhs of vehicles, including 45-50 lakh two-wheelers and 20-25 lakh cars and other four-wheelers.

Andhra Pradesh had earlier announced a reduction in petrol and diesel prices by Rs 2 per liter. Rajasthan reduced the fuel prices by around Rs 2.50 by cutting Value Added Tax by 4 percent. West Bengal too had reduced the price by Re 1.