Fuel gets cheaper in Delhi, government lowers VAT on diesel from 30% to 16.75%
FollowThe diesel price will now come down from Rs 82 a litre to Rs 73.64 a litre, he said and added that traders and industrialists in the city had demanded it.
Delhi chief minister Arvind Kejriwal on Thursday (July 30) announced a reduction in the Value Added Tax (VAT) on diesel from the existing 30% to 16.75%, saying the move will help propel Delhi's economy.
The diesel price will be reduced by Rs 8.36 in Delhi due to the VAT cut, Kejriwal said in a virtual press briefing.
He said there was a serious challenge of reviving the economy of Delhi, but it will be achieved together with cooperation of people.
The diesel price will now come down from Rs 82 a litre to Rs 73.64 a litre, he said and added that traders and industrialists in the city had demanded it.
The decision was taken in a meeting of the Delhi Cabinet chaired by the chief minister.
