Following a hike in diesel prices in June,Chief Minister Sheila Dikshit,on June 27 had announced slashing the diesel rate by 37 paise a litre to cushion the impact of rise in prices of the fuel.

The decision could not be implemented as certain changes were required in the VAT Act to alter the sale price of diesel.

A senior official said the new rate will come into effect in a day or two following issuance of a notification by Lt Governor Tejendra Khanna.

Diesel price had gone up to Rs 41.12 after the hike of Rs 3.37 a litre in June and it will come down to Rs 40.75,if the amendment bill is passed in the House.

The city government had arrived at the figure of 37 paise for cut in diesel prices by removing the 12.5 per cent VAT component on the hike of Rs 3.37.

Curated For You

Dilip Kumars sisters created hostile environment for wife Saira Banu leading to her hospitalisation; orchestrated his second marriage to drive her away

Congress SOS from Odisha: Responsibility in wrong hands, Priyanka Gandhi should take leadership role

I slapped Sanjay Dutt, pulled his hair: IPS officer recalls when Sanjay fell on dad Sunil Dutts feet saying galti ho gayi after arrest

Tags: