Petrol, diesel cheaper in Gujarat by nearly Rs 3.00 from midnight today, CM, Dy CM make announcement
October 10, 2017
Gandhinagar: In a press conference called at short notice at Chief Minister’s residence in capital Gandhinagar today morning, Chief Minister Vijay Rupani and Deputy Chief Minister announced cut in petrol and diesel prices in Gujarat with effect from midnight today.
While petrol price has been cut by Rs 2.93 per litre, diesel price has been cut by Rs 2.72 per litre.
According to Chief Minister, effective petrol price per litre from midnight today will be Rs 67.53 while diesel price per litre shall be Rs 60.77 .
Chief Minister Rupani said this announcement is on long-term basis.
Reduction to cost the exchequer around Rs 2,316 crore annually, said Chief Minister.
Price cut has been made by cutting VAT rate on fuel by 4%. VAT has come down from 24%(effectively 23%) to 20% now.
Deputy Chief Minister Nitin Patel said Gujarat has become the first state to respond to Centre’s appeal to cut tax on petrol and diesel.
DeshGujarat
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