HYDERABAD: The Centre may have decreased
petrol prices, but the twin Telugu states of
Andhra Pradesh and
Telangana still stand third and fourth in the country with higher costs per litre because of existing VAT.
There are several other states in the country where price of petrol is still higher than Rs 105. Despite state and central government price cuts,
Rajasthan has the highest per litre fuel price in the country at Rs 111.10. The desert state is followed by Maharashtra (Rs 109.98), Andhra Pradesh (Rs 109.05), and Telangana (Rs 108.20).
Apart from these states, the price of petrol in Madhya Pradesh (Rs 107.23), Kerala (Rs 106.36), Bihar (Rs 105.90), and Punjab (Rs 105.02) are higher than Rs 105 per litre.
After the Centre dropped prices, all states and union territories, regardless of their cuts, saw a decrease in price ranging from Rs 6 to Rs 17. Petrol rates in Telangana reduced by Rs 6.29 and in Andhra Pradesh by Rs 6.10.
Andhra Pradesh, Telangana and Kerala have not reduced their state VAT on petrol prices.
The Petrol Pump Owners Association believes that the Telangana government should proceed with caution, at least in terms of diesel costs, by lowering VAT.
“In the case of diesel, there is a price difference of roughly Rs 8 between Karnataka (Rs 85.01) and Telangana. Many transport vehicles will go to border areas along roads and fill their tanks, resulting in significant sales losses. It is, therefore, preferable to decrease VAT in order to promote sales,” Consortium of Indian Petrol Dealers joint secretary
Rajiv Amaram said.
Mizoram had the largest cut of Rs 17. 62, with prices falling to Rs 94. 94 from Rs 107. 12. While all states saw price cuts ranging from Rs 11 to Rs 17 after the Centre decreased rates (some states reduced VAT while others did not), Andhra Pradesh has second-highest diesel cost at Rs 95. 18 and Telangana third with a price of Rs 94. 62 per litre diesel.
Rajasthan again has the highest diesel price, at Rs 95.71. Maharashtra, Odisha, Kerala, Jharkhand, Chhattisgarh, Sikkim, Bihar and MP have diesel price per litre still above Rs 90.