Business-Petrol, diesel costlier by around Rs 5/litre in Rajasthan

Petrol and diesel have turned costlier by up to Rs 5 per liter in Rajasthan following a hike in excise duty and road cess announced by the Centre and increase in local levies by the state government. The new rates came into effect from Friday midnight.

The Centre Friday announced a Re 1 per liter increase each in excise duty and road cess levied on the fuels. Following the hike, the state government through a notification on late Friday increased the VAT rate on petrol from 26 percent to 30 percent and 18 percent to 22 percent on diesel. Rajasthan Petroleum Dealers Association President Suneet Bagai said that the collective increase in excise duty, road cess, and VAT, petrol price has increased by Rs 4.62. Earlier, the price was Rs 71.15 per liter, which has now become Rs 75.77 per liter in Jaipur.

Similarly, diesel got costlier by Rs 4.59 per liter in Jaipur. Diesel which was Rs 66.65 per liter will now cost Rs 71.24 per liter.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)