INSUBCONTINENT EXCLUSIVE:
Delhi charges a VAT of 17.24 per cent on diesel.Oil Marketing Companies (OMCs) hiked the prices of petrol and diesel in four metro cities on
Petrol can be purchased at a price of Rs
77.67 per litre in Delhi, Rs
85.09 per litre in Mumbai, Rs
80.61 per litre in Kolkata and Rs
80.69 per litre in Chennai
Petrol and diesel prices were kept unchanged on Thursday
Petrol prices in Delhi are the cheapest due to lower sales tax or VAT (Value Added Tax)
Delhi charges a VAT of 27 per cent on petrol
Mumbai has the highest VAT of 39.12 per cent on petrol.Diesel can be bought today at Rs
73.44 per litre in Mumbai, Rs
72.02 per litre in Kolkata and Rs
73.08 per litre in Chennai
Diesel prices in Delhi are the cheapest due to lower sales tax or VAT
Delhi charges a VAT of 17.24 per cent on diesel.State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum
revise fuel prices with effect from 6 am on a daily basis.Globally, oil prices rose on Friday, supported by signs that U.S
sanctions on Iran are already reducing global crude supply, reported news agency Reuters.Benchmark Brent crude oil was up 60 cents a barrel
Brent was on track for gains of almost 5 percent this week
light crude was 60 cents higher $68.43, heading for a gain of 3.8 percent this week.(With Reuters inputs)
