Diesel turns costlier by Rs 7.10 in Delhi, petrol price also up

Diesel has become costlier by Rs 7.10 per liter in Delhi while petrol prices were increased by Rs 1.67 per liter on Tuesday.

The Delhi government in an order dated May 4 announced to increase the Value Added Tax (VAT) on petrol to 30 per cent from the existing 27 per cent while 30 per cent on diesel from the existing 16.75 per cent.

According to Delhi government officials, the move to hike fuel prices is expected to boost the government revenue, which has been hit hard due to the coronavirus lockdown.

Read More: https://www.bhaskarlive.in/diesel-turns-costlier-by-rs-7-10-in-delhi-petrol-price-also-up/