IndianMascot
Core Member
Seriously ?
Breaking News Petrol price hiked by Rs 3.18 per litre, diesel by Rs 3.09 with effect from Saturday midnight
- Thread starter Akash Modi
- Start date
Sanjeev
Core Member
IndianMascot
Core Member
So, again International prices increased.
Technoglitch
Core Member
this might be because of today's service tax hike
IndianMascot
Core Member
But why petrol and diesel getting effected due to increase in service tax
Technoglitch
Core Member
today's price per barrel is $49. 76 for crude oil.
Technoglitch
Core Member
As a result of additional excise duty (commonly known as road cess) levied on petrol and high speed diesel oil, the petrol and diesel prices were hiked by Rs.3.18 per litre and Rs.3.09 per litre respectively effective midnight.
The effective rates of road cess levied on petrol and high speed diesel oil was increased from Rs.2 per litre to Rs.6 per litre only.
The state-run Indian Oil Corp on February 15 hiked the rates of transport fuels following the recent volatility of international crude oil prices.
Budget 2015 fallout: Petrol and diesel rates hiked by Rs 3 a litre each : Budget 2015, News - India Today
The price of petrol was increased by 82 paise per litre, while that of diesel by 61 paise per litre from Monday.
Read more at: Budget 2015 fallout: Petrol and diesel rates hiked by Rs 3 a litre each : Budget 2015, News - India Today
Technoglitch
Core Member
we have to wait until then
Sanjeev
Core Member
What if International price goes high then also tax will be like this
Maybe then they will reduce service tax