IT Correspondent
Mumbai/ Imphal, June 1:
Fuel prices have witnessed a rise across all four metro cities on Tuesday, 1st June, with petrol costing more than Rs 100 per litre in parts of Rajasthan, Madhya Pradesh and Maharashtra, including Mumbai.
The Petrol price in Imphal is Rs. 98.38 Per Litre and diesel price is Rs.89.05 Per Litre. The fuel price is inclusive of central excise duties and Imphal Manipur state taxes.
Petrol price in Imphal is changed from Rs. 97.28 to 98.38 in last 7 days, Diesel rates are changed from Rs. 87.94 to Rs.89.05 in one week.
Central Excise duty on petrol is Rs.32.90 a litre now while the same on diesel has gone up to Rs. 31.80 per litre. Excise duty on petrol has been raised from Rs. 9.48 per litre in 2014 to Rs. 32.90 a litre now while the same on diesel has gone up from Rs. 3.56 a litre to Rs. 31.80. VAT imposed on petroleum product in the state of Manipur is somewhere around Rs. 25 per litre (subject to correction) .
Since May 4, the prices of fuel have been increased for the 17th time. The fuel rates or charges in the country are decided by Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOC), and Hindustan Petroleum Corporation Limited (HPCL).
The revised or fresh fuel rates are decided at 6 am every day after aligning them with the global crude oil prices. Fuel charges differ in parts of the country because of the addition of other charges like local taxes, value-added tax (VAT) and freight rate.
In Delhi, the petrol price has been raised by 26 paise from Rs 94.23 to Rs 94.49 and diesel price by 23 paise from Rs 85.15 to Rs 85.38 per litre. The price of petrol in Mumbai has been raised by 25 paise to Rs 100.72 a litre, and diesel by 24 paise to Rs 92.69 per litre for the same quantity.
In Kolkata, petrol costs Rs 94.50 per litre while the same quantity of diesel can be purchased for Rs 88.23. In Chennai, the price of petrol per litre is Rs 95.99 and diesel can be bought at Rs 90.12 for the same quantity. As per the Indian Oil Corporation website, petrol is currently the costliest at Rs 105.52 per litre in Rajasthan’s Sri Ganganagar district, where diesel costs Rs 98.32.
