New Delhi:Petrol and diesel has become costlier in Delhi, after the state government decided to increase VAT (value added tax) rate on the two fuels with effect from Thursday. After the revision, petrol price in Delhi would be costlier by Rs 2.78 (approximately) per litre, while diesel would dearer by Rs 1.83 (approximately) per lite.
The retail price of petrol in Delhi will be now be Rs 69.43 per litre and diesel will sell at Rs 52.07 per litre.The VAT rate on petrol has been increased from present to 25 per cent from 20 per cent and on diesel to 16.6 per cent from 12.5 per cent.
The move is aimed at bringing uniformity in the tax rates and now the retail price of diesel in Punjab, Haryana and Delhi will be almost the same. The effective retail price of petrol, even after this hike however will be lowest in Delhi as compared to neighbouring states including Haryana and Punjab.