After Centre, BJP-ruled Haryana, Himachal cut fuel rates further

In a major relief to the common man, BJP-ruled Haryana and Himachal Pradesh have cut fuel rates by reducing the value-added tax (VAT) after the Centre reduced excise duty on petrol and diesel on Diwali eve
The Union finance ministry had on Wednesday announced a <span class='webrupee'>₹</span>5 per litre cut in excise duty on petrol and a <span class='webrupee'>₹</span>10 per litre cut in excise duty on diesel. (Representational photo)
The Union finance ministry had on Wednesday announced a 5 per litre cut in excise duty on petrol and a 10 per litre cut in excise duty on diesel. (Representational photo)
Updated on Nov 05, 2021 02:15 PM IST
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ByHT Correspondents

In a major relief to the common man, BJP-ruled Haryana and Himachal Pradesh have cut fuel rates by reducing the value-added tax (VAT) after the Centre reduced excise duty on petrol and diesel on Diwali eve.

“Due to the reduction in VAT rates by the state government, the prices of both petrol and diesel have been reduced by 12 per litre,” Haryana chief minister Manohar Lal Khattar tweeted.

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Haryana additional chief secretary, excise and taxation, Anurag Rastogi said that the reduction in VAT on petrol and diesel meant a per litre decrease of 7 in petrol and 2 in diesel. “Thus, the total decrease is 12 per litre each for petrol and diesel,” he said. Before reduction in taxes a litre of petrol cost 106.94, while it now costs 94.93 a litre. Similarly, a litre of diesel cost 98.60 till Diwali eve and is now available for 86.57 per litre .

A notification issued by neighbouring Himachal Pradesh government on Thursday said that VAT on petrol and diesel has been cut by 7.5% and 8%, respectively. “Petrol will be cheaper by 12 and diesel by 17 per litre in the state,” chief minister Jai Ram Thakur tweeted.

Before the cut, petrol cost 101.88 a litre, while now it costs 95.97. A litre of diesel cost 88.64 earlier and now costs 80.54 per litre.

The Centre had reduced excise duty on petrol and diesel on Diwali eve to bring down the prices of the two petroleum products that had crossed the 100 per litre mark.

Inflation hit BJP campaign in byelections

VAT rates differ from state to state, leading to differential rates of fuel. The Centre had urged the states to slash VAT rates to provide relief.

The opposition and public had hit out at the central and state governments during the recent byelections, where inflation and infighting plagued the BJP campaign.

Region fuel rate check before and after Diwali

PUNJAB

Petrol (per litre): Before 112.14 After 106.20

Diesel (per litre): Before 101.66 After 89.83

HARYANA

Petrol: Before 106.94 After 94.93

Diesel: Before 98.60 After 86.57

CHANDIGARH

Petrol: Before 105.24 After 94.23

Diesel: Before 98.16 After 80.90

HIMACHAL

Petrol: Before 101.88 After 95.97

Diesel: Before 88.64 After 80.54

J&K

Petrol: Before 113 After 100.29

Diesel: Before 102 After 90.30.

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Sunday, December 05, 2021