New Delhi: Petrol and diesel prices remained unchanged for 24th consecutive day on Tuesday as oil marketing companies kept the rates at pause.
Here is looking at the price difference of diesel and petrol in four metro cities on March 23, 2021.
Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55.
For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.
Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates.
Oil dropped amid ample supply and concerns that new pandemic curbs and slow vaccine rollouts in Europe will slow a recovery in fuel demand. U.S. West Texas Intermediate crude oil futures dropped 1.28% and Brent crude futures dropped by 1.27%, a Reuters report said.
With Agency Inputs