Petrol and Diesel Rate Today, 8 December: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities | The Financial Express

Petrol and Diesel Rate Today, 8 December: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Price Today in India: The Maharashtra government cut value-added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel in July.

Petrol and Diesel Rate Today, 8 December: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities
Since the central government excise duty cut, some states have also reduced VAT rates on auto fuels. Image: Reuters

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The rate of diesel and petrol have not been changed on 8 December 2022 and costs have been steady for about six months now. The last country-wide change in fuel rates was on 21 May this year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. In Mumbai, petrol costs Rs 106.31 per litre and diesel is at Rs 94.27 per litre. The petrol rate and diesel price in Delhi are at Rs 96.72 and Rs 89.62 per litre, respectively.

Since the cut of excise duty by the central government, some states have also reduced VAT prices on fuels. Meghalaya was the last state to update the fuel prices when it increased VAT on August 24, because of which petrol now costs Rs. 96.83 per litre in Shillong and diesel is now priced at Rs. 84.72 per litre. The Maharashtra government cut value-added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel in July.

Any changes in petrol and diesel costs are implemented from 6 am every day. The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, the local taxes, etc. Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise their prices daily in line with international benchmark prices and forex rates.

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Petrol, diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram

Chennai: Petrol price: Rs 102.63 per litre, Diesel price: Rs 94.24 per litre
Kolkata: Petrol price: Rs 106.03 per litre, Diesel price: Rs 92.76 per litre
Bengaluru: Petrol: Rs 101.94 per litre, Diesel: Rs 87.89 per litre
Lucknow: Petrol: Rs 96.57 per litre, Diesel: Rs 89.76 per litre
Noida: Petrol: Rs 96.79 per litre, Diesel: Rs 89.96 per litre
Gurugram: Petrol: Rs 97.18 per litre, Diesel: Rs 90.05 per litre
Chandigarh: Petrol: Rs 96.20 per litre, Diesel: Rs 84.26 per litre
Mumbai: Petrol price: Rs 106.31 per litre, Diesel price: 94.27 per litre
Delhi: Petrol price: Rs 96.72 per litre, Diesel price: Rs 89.62 per litre

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First published on: 08-12-2022 at 07:47:59 am
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