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Petrol is being sold at a price below Rs 100 in most BJP-ruled states and Union Territories.

Nagpur Today : Nagpur News National News Petrol price further cut by Rs 8 in BJP states

Petrol price has been further reduced by as much as Rs 8.7 per litre and diesel by Rs 9.52 in BJP ruled states and UTs - from Ladakh to Puducherry - as they matched the central government's announcement of a cut in excise duty with slashing of local sales tax (VAT) rates. Buckling under pressure, the Union government had on Wednesday cut excise duty on petrol by Rs 5 per litre

The announcement was matched by 22 states and Union Territories cutting VAT rates in different proportions

The Union government had on Wednesday cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to give reprieve to consumers

Karnataka saw Rs 8.62 a litre cut in petrol price due to VAT reduction and Rs 9.40 in diesel rates, while Madhya Pradesh gave its citizens an additional Rs 6.89 price relief on petrol and Rs 6.96 on diesel.

The most reduction in the Petrol prices has been in Karnataka, followed by Puducherry and Mizoram. The prices of Petrol in these states have come down by Rs 13.35, Rs 12.85 and Rs 12.62 respectively, the release further added.

Sharp fall in fuel prices: Petrol price cut by Rs 6.07, diesel by Rs 11.75 per litre in Delhi

The government on Wednesday cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre to give reprieve to consumers battered by record-high retail fuel prices.

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