This decision was taken by the state cabinet here on Monday. The reduction came into effect from Monday. |
Petrol in Shimla will now cost Rs 48.6 per litre and diesel will be available for Rs 33.05 per litre. While in Dharamsala they will cost Rs 48.44 and Rs 33.03 respectively. |
The government decided not to levy Value Added Tax (VAT) on the component of the recently raised prices of petrol and diesel of Rs 4 and Rs 2 per litre. |
"The government will have to bear a loss of Rs 16.88 crore due to this decision," a spokesman of the government said. |