Petrol at Rs 89.97 in Maharashtra’s Parbhani, highest in India

Petrol at Rs 89.97 in Maharashtra’s Parbhani, highest in India

In Mumbai, the price of petrol is Rs 88.26 while the price of diesel is Rs 77.47. Petrol and diesel prices are going up, the state government will certainly come up with some measures like last time, Kesarkar said. Some pumps are offering free breakfast and tea for drivers who purchase 100 litres of diesel, while others are offering electronic appliances and 2-wheelers on the purchase of a specific quantity of fuel.

On Monday, the petrol per litre in Andhra Pradesh were sold at Rs ₹ 85.60 and diesel at Rs 79.22 per litre.

Though AP and Rajasthan governments' decisions put a psychological pressure on KCR to take a similar decision on petroleum prices, the Telangana chief minister is unmoved in this direction, leading to criticism from the opposition. Across all states, Maharashtra pays the most for petrol because of a high VAT of 39.12% in Mumbai, Thane and Navi Mumbai, while the tax rate for the rest of the state is 38.11%.

Twenty-one opposition parties had on Monday called for a nationwide shutdown to protest against the ever-escalating prices of petrol and diesel, but the central government stood firm in its argument that it won't intervene.

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The petition has alleged that the government had "indirectly given implied consent" to oil marketing companies (OMCs) to hike petrol and diesel prices at their own "whims and fancies". On top of this, states levy Value Added Tax (VAT) - the lowest being in Andaman and Nicobar Islands where 6 per cent sales tax is charged on both the fuels.

The prices of petrol and diesel are under Rs 70 per litre in Port Blair, the capital of the Andaman and Nicobar Islands.

The other highest centres include Nanded where petrol was retailing at Rs 89.93 per litre and diesel Rs 77.90, and Amravati Rs 89.93 and Rs 78.84. An increase of $1 a barrel in crude oil price translates to Rs 15.13-billion revenue gain, on an average, to all the major 19 states, the report said.

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