Delhi raises VAT on fuel, petrol up by Rs 1.67, diesel by Rs 7.10 per litre

On Tuesday, the Delhi govt had also raised excise duty on liquor to shore up its revenues

Petrol prices in Delhi jumped by Rs 1.67 to Rs 71.26 a litre on Tuesday while diesel prices went up by Rs 7.10 to touch Rs 69.39 a litre after the Delhi government raised value-added tax (VAT) on them.

Delhi government raised the VAT on petrol to 30 per cent from 27 per cent, previously. In case of diesel, VAT was almost doubled to 30 per cent from 16.75 per cent. Delhi government raised VAT to shore up its revenue which has suffered because of the national Covid-19 lockdown.

The price of petrol on Monday was Rs 69.59