Petrol and Diesel Rate Today, 13 December- Fuel prices steady; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Rate Today, 13 December: Fuel prices steady; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: The oil prices in the country have not been changed on 13 December 2022 and costs have been steady for about six months now. The last country-wide change in fuel rates was on 21 May this year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel. In Mumbai, petrol costs Rs 106.31 per litre and diesel is at Rs 94.27 per litre. The petrol rate and diesel price in Delhi are at Rs 96.72 and Rs 89.62 per litre, respectively.

The prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, the local taxes, etc. Any changes in petrol and diesel costs are implemented from 6 am every day. Public sector OMCs includingBharat Petroleum CorporationLtd (BPCL),Indian Oil Corporation Ltd (IOCL)andHindustan Petroleum Corporation Ltd (HPCL)revise their prices daily in line withinternational benchmark pricesand forex rates.

Since the cut of excise duty by the central government, some states have also reduced VAT prices on fuels. Meghalaya was the last state to update the fuel prices when it increased VAT on August 24, because of which petrol now costs Rs. 96.83 per litre in Shillong and diesel is now priced at Rs. 84.72 per litre. The Maharashtra government cut value-added tax (VAT) on petrol by Rs 5 a litre and by Rs 3 a litre for diesel in July.