New Delhi: The Delhi government on Friday decided to bring down value-added tax (VAT) on diesel from 16.75 per cent to 30 per cent.
The government’s decision will reduce price of diesel in Delhi from ₹82 to ₹73.64 or by ₹8.36 per litre, said Delhi chief minister Arvind Kejriwal. The Delhi government had hiked value-added tax (VAT) on the automobile fuels in May.
In a video released on the official twitter handle of Aam Aadmi Party, Kejriwal announced his government’s decision. This move, according to Kejriwal, is an effort to reduce financial stress on Delhites amid the coronavirus crisis.
𝗞𝗲𝗷𝗿𝗶𝘄𝗮𝗹 𝗚𝗼𝘃𝘁 𝗿𝗲𝗱𝘂𝗰𝗲𝘀 𝗱𝗶𝗲𝘀𝗲𝗹 𝗽𝗿𝗶𝗰𝗲 𝗯𝘆 𝗥𝘀 𝟴.𝟯𝟲 𝗽𝗲𝗿 𝗹𝗶𝘁𝗿𝗲. pic.twitter.com/imyoCytTYB
— AAP (@AamAadmiParty) July 30, 2020
Currently, diesel is sold at the retail rate of ₹81.94 per litre in Delhi while petrol costs ₹80.43.