Union Petroleum Minister Hardeep Singh Puri has said, that the Central government is sensitive to rising fuel prices and hinted that the public might get relief from the high prices next month.
Speaking at a press conference, Puri said, " Central government is very sensitive to fuel price rise but it is also very sensitive to see the other responsibilities that we have,” adding that, "The common man will get a relief in the coming month."
Detailing the reason behind the rise in prices over the last few months, the Petroleum Minister said, "The central tax on fuel has remained the same at Rs 32, but since the VAT by states is set in percentage, their tax increase as the price of petrol increases internationally." He argued that the central taxes being used by the government to distribute free medicines during the COVID-19 pandemic should also be taken into consideration. On August 24, the price of both petrol and diesel dropped by approximately 15 paise each. After the revised prices, a litre of petrol costs Rs 101.49 in Delhi, and diesel costs Rs 88.92 per litre. Rates differ from state to state depending on the value-added tax.
Further, saying that the issue needed to be seen in a larger context, Puri said, "The central tax on fuel has remained the same at Rs 32, but since the VAT by states is set in percentage, their tax increase as the price of petrol increases internationally."
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