Customers can choose the option of LPG vehicle amidst expensive prices of petrol and diesel. LPG fuel is 40 percent cheaper than petrol and diesel.
Along with this, the IAC has demanded that the Goods and Services Tax (GST) on the Auto LPG / CNG conversion kit should be reduced by 28 percent. According to the IAC, customers can convert their vehicles into LPG vehicles through conversion kits. The IAC said in its statement that the prices of petrol and diesel have reached a record high. In such a situation, customers are looking for cheap options. With Auto LPG, customers will be able to save a lot in their fuel cost.
Also read: Petrol Diesel Price: How many rupees a liter petrol diesel is being sold in your city today, know
Petrol and diesel prices at record levelsIn the national capital Delhi, the price of a liter of petrol is Rs 91.17 and the price of diesel (Diesel Prices) is Rs 81.47 per liter. Petrol in Mumbai is Rs 97.57 and diesel is Rs 88.60 per liter. At the same time, petrol in Bhopal of Madhya Pradesh is close to Rs 100 per liter.
Government levies so much tax
The government currently levies an excise duty of Rs 32.90 per liter on petrol and Rs 31.80 per liter on diesel. Pradhan said that the central government’s total collection of petrol, diesel, ATF, natural gas and crude oil has increased from 2.37 lakh crore in 2016-17 to 3.01 lakh crore during April-January 2020-21. The tax collected on both the oil was Rs 52,537 crore in 2013, which increased to Rs 2.13 lakh crore in 2019-20. And in the first 11 months of the current financial year, it has increased to Rs 2.94 lakh crore.