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Petrol, diesel prices hiked in Delhi as govt raises VAT

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The Delhi government has increased the Value Added Tax on petrol and diesel to 30% each leading to an increase in the price of Rs 1.67, and Rs 7.10 in both the commodities, respectively. According to a notification issued by the Deputy Secretary VI, Finance, on Monday, the VAT on petrol has been increased from 27% to 30%, and that on diesel from 16.75 to 30%, by the order of the Lt Governor of Delhi. Earlier last month, the Assam government had also increased the VAT on diesel, petrol and other motor spirits.

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