Petrol price in the national capital was hiked by Rs 1.67 a litre on Tuesday and diesel by a steep Rs 7.10 per litre after the Delhi government raised local sales tax or Value-Added Tax on the two fuels.
Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said. Diesel price has been hiked to Rs 69.39 per litre from Rs 62.29.
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This follows Delhi government's decision to raise VAT on petrol to 30 percent from 27 percent, previously. In case of diesel, VAT has been almost doubled to 30 percent from 16.75 percent.
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