Petrol and diesel prices were unchanged on January 4, 2023 according to the latest price notification issued by Oil Marketing Companies. Fuel prices have held steady for over seven months now. On May 21, the Central government reduced the excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. The Maharashtra governemnt also reduced the Value-Added Tax (VAT) on petrol and diesel by Rs 5 per litre and Rs 3 per litre, respectively.
On 24 August 2022, Meghalaya increased the VAT on fuel prices, as a result of which petrol price in Shillong now stands at Rs 96.83 per litre, while diesel costs Rs 84.72 per litre. Petrol price in Delhi is Rs 96.72 per litre and diesel costs Rs 89.62 per litre. In Mumbai, petrol price is Rs 106.31 per litre, while diesel is retailing at Rs 94.72 per litre.
Petrol, diesel prices in Delhi, Mumbai, Kolkata, Chennai, Lucknow, Hyderabad, Bengaluru, Noida, Gurugram, Chandigarh
|City||Petrol price (per litre)||Diesel price (per litre)|
|Delhi||Rs 96.72||Rs 89.62|
|Mumbai||Rs 106.31||Rs 94.27|
|Bengaluru||Rs 101.94||Rs 87.89|
|Chennai||Rs 102.63||Rs 94.24|
|Kolkata||Rs 106.03||Rs 92.76|
|Lucknow||Rs 96.57||Rs 89.76|
|Hyderabad||Rs 109.64||Rs 97.8|
|Noida||Rs 96.65||Rs 89.82|
|Gurugram||Rs 96.99||Rs 89.86|
|Chandigarh||Rs 96.20||Rs 84.26|
2022 Icons of Porsche Highlights | 911 Dakar, Mark Webber, Jacky Ickx | TOI Auto
Retail fuel prices vary depending on state to state as per freight charges, local taxes and Value Added Tax (VAT). Fuel retailers, such as Bharat Petroleum Corporation Ltd, Indian Oil Corporation Ltd and Hindustan Petroleum Corporation Ltd update fuel prices daily at 6 am in line with foreign exchange rates and international benchmark prices.