Business

19 January 2023: Petrol-Diesel rates constant today; check prices of cities

19 January 2023: The fuel rates remained unchanged across the country on 19 January 2023, i.e. Thursday. Prices have been stable for the past seven months.

On May 21 2022, Finance Minister Nirmala Sitharaman reduced the excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre across the country.

Fuel Rates Of Different Cities

Fuel rates in Mumbai and the national capital Delhi have Petrol rates at Rs 106.31 per litre and Rs 96.72 per litre respectively. Diesel costs about Rs 94.27 per litre and Rs 89.62 per litre respectively.

Whereas, in Kolkata, the cost of petrol is Rs 106.03 and that of diesel is Rs 92.76 a litre, respectively. Petrol costs Rs 102.63 per litre in Chennai while diesel costs Rs 94.24. In Bangalore, it’s Rs 101.94 for a litre of petrol and Rs 87.89 for a litre of diesel.

Chennai: Petrol rate: Rs 102.63 per litre, Diesel rate: Rs 94.24 per litre

Kolkata: Petrol rate today: Rs 106.03 per litre, Diesel rate: Rs 92.76 per litre

Bangalore: Petrol rate: Rs 101.94 per litre, Diesel rate: Rs 87.89 per litre

Lucknow: Petrol rate: Rs 96.57 per litre, Diesel rate: Rs 89.76 per litre

Noida: Petrol rate: Rs 96.79 per litre, Diesel rate: Rs 89.96 per litre

Chandigarh: Petrol rate: Rs 96.20 per litre, Diesel rate: Rs 84.26 per litre

Mumbai: Petrol rate: Rs 106.31 per litre, Diesel rate: Rs 94.27 per litre

Delhi: Petrol rate: Rs 96.72 per litre, Diesel rate: Rs 89.62 per litre

Gurugram: Petrol rate: Rs 97.18 per litre, Diesel rate: Rs 90.05 per litre

Also Read: B20: A platform ‘best’ for business community in North Eastern region, says CII

Value-Added Tax On Oil Rates

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, 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.

Since the central government reduced excise duty, some states have reduced VAT prices on fuels.

On August 24, Meghalaya increased the VAT on the fuel price resulting in petrol costing Rs 96.83 per litre in Shillong, whereas, diesel is at Rs 84.72 per litre. The city has been the last to change the fuel rates.

On January 8, 2023, the Himachal Pradesh government increased the Value-Added Tax (VAT) on diesel by Rs 3 per litre. On the other hand, the government reduced the taxes on petrol by 0.55 paise. Retail petrol and diesel prices vary from state to state, depending on several factors like freight charges, Value-Added Tax (VAT), local taxes, etc.

Alina Khan

Recent Posts

Akhilesh Yadav Defends MLA’s Remark; Criticizes BJP Over Recent Excavation Work

Akhilesh Yadav defended party MLA Suresh Yadav after the latter reportedly referred to the BJP…

5 mins ago

Delhi Chokes As AQI Hits ‘Severe’ Amid Cold Wave

A dense fog covered the city, reducing visibility. The minimum temperature dropped to 9.2 degrees…

13 mins ago

Rouse Avenue Court To Hear AAP MLA Naresh Balyan’s Bail Plea In MCOCA Case On January 4

Delhi Police arrested Balyan under MCOCA on December 4, the same day he received bail…

55 mins ago

Khalistani Terrorist Annihilated In Piliphit Encouter: Punjab DGP

Punjab DGP Gaurav Yadav confirmed on Monday that those annihilated were operatives of Khalistan Zindabad…

2 hours ago

BJP Releases ‘Aarop Patra’ Against Kejriwal Government; Accuses AAP Of Corruption & Mismanagement

The Bharatiya Janata Party (BJP) released an 'Aarop Patra' against Aam Aadmi Party (AAP) Chief…

2 hours ago

Delhi High Court Issues Notice To Saket Gokhale In Defamation Case Filed By Lakshmi Puri

Delhi High Court has issued a notice to Trinamool Congress Rajya Sabha MP Saket Gokhale…

2 hours ago