Good news for Mumbai motorists: Pay less for petrol, diesel
Mumbai city news: In Mumbai, the price of petrol has been reduced by Rs1.77 and diesel Rs1.66 a litre.mumbai Updated: Jul 12, 2017 10:58 IST
Motorists will have to pay less for petrol and diesel in Mumbai and Maharashtra as the central government has decided to revoke the state specific cess (SSC) on fuel. With the decision, rates for petrol have been slashed by 67 paisa to Rs1.77 a litre and diesel Rs1.25 to Rs 1.66 a litre in different cities. The move has also reduced the price of cooking gas by Rs11 on every cylinder.
In Mumbai, the price of petrol has been reduced by Rs1.77 and diesel Rs1.66 a litre.
The city has two oil refineries and oil companies have been charging SSC on petrol and diesel in Maharashtra to recover extra expenses of Rs3,000 crore because they have to pay 3% Octroi charges to the Brihanmumbai Municipal Corporation (BMC).
“With the imposition of Goods and Services Tax (GST), Octroi was abolished, but oil companies had continued to charge SSC on fuel and cooking gas in Maharashtra. We had requested Dharmendra Pradhan, Union minister of state for petroleum and natural gas, to look in to the matter and following his directives, SSC has been revoked,” said Girish Bapat, food and civil supplies minister.