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Published on 5/11/2021 12:44:03 P | Source: ANI

Fuel prices come down due to reduction in excise duty

Posted in Business Videos| #Business

New Delhi : Fuel prices across the country were reduced on November 04 after the Centre cut down excise duty to lower its retail rates on the eve of Diwali. In Delhi, petrol and diesel prices dropped by Rs 6.07 and Rs 11.75 to cost Rs 103.97 and Rs 86.67 respectively. Petrol and diesel rates were reduced by Rs 5.87 and Rs 12.48 respectively in Mumbai pricing at Rs 109.98 and Rs 94.14 per litre. Petrol price in Kolkata had gone below Rs 110 per litre mark and is currently being sold at Rs 104.67 per litre; while the rate of diesel stands at Rs 89.79 a litre. In Chennai, petrol and diesel cost Rs 101.40 and Rs 91.43 per litre respectively. The Central Government on Nov 03 reduced the excise duty on petrol and diesel by Rs 5 and Rs 10 respectively with effect from today.