Oil marketing companies kept diesel and petrol prices unchanged on Monday. Last week, the Delhi government had reduced value-added tax (VAT) on petrol from 30 per cent to 19.40 per cent.
Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.
In Mumbai, they priced unchanged at Rs 94.14 and Rs 109.98, respectively.
Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67 respectively.
In Chennai too, the prices remained at Rs 91.43 and Rs 101.40 respectively.
Across the country as well, the price of the fuel largely remained unchanged on Sunday, but the retail rates varied depending on the level of local taxes. It is important to note that prices of fuel remained largely flat since the Diwali eve when the Centre and some states reduced taxes.
On the eve of Diwali this year, the Centre cut excise duty by Rs 5 per litre on petrol and Rs 10 per litre on diesel to bring down the retail prices across the country. Several states have already cut VAT on petrol and diesel.
(With inputs from Agencies)
