Petrol crosses Rs 90 in Mumbai

Fuel prices in the country continued to rise on September 24 pushing the petrol price in Mumbai past the Rs 90 per litre mark. However, rates of diesel were kept stable for a third consecutive day. The rates went up in other metros too; petrol costs Rs 84.54 per litre in Kolkata, and Rs 85.99 per litre in Chennai.

Petrol prices were hiked by 11 paise a litre and diesel by 5 paise, according to price notification of the State-owned oil firms.

Prices for petrol and diesel in Delhi have now reached Rs 82.72 and Rs 74.02, respectively. The diesel rates were the same on Wednesday and Thursday also. Various states levy Value Added Tax (VAT) on petrol and diesel. This resulted in petrol costing Rs 91.91 per litre in Parbhani, Rs 91.61 per litre in Nanded, Rs 91.31 per litre in Amravati, Rs 91.14 per litre in Ratnagiri and Rs 91.01 per litre in Jalgaon.

According to the oil companies, the refinery gate price of petrol, without considering any central or State tax and dealer's commission, is ₹ 42.04 a litre.

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Diesel at the International Olympic Committee outlets in Mumbai costs ₹ 78.58, at the HPCL stations for ₹ 78.67 and for ₹ 78.67 at the BPCL pumps.

The Centre now levies an excise duty of Rs 19.48/litre on petrol and Rs 15.33 per litre on diesel. In Chennai, petrol is priced at ₹ 86.08 and diesel at ₹ 78.35.

Diesel price in the West Bengal capital rose by 5 paise per litre, from Rs 75.82 per litre to Rs 75.87 per litre.

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