Last month there was an increase of about 150 rupees in the price of non-subsidized LPG cylinders.
New Delhi. Before Holi, the Modi government has cut the prices of domestic gas cylinders by giving relief to the general public. Oil companies have made big cuts in the price of LPG cylinders. The non-subsidized 14.2 kg LPG cylinder has become cheaper by Rs 53 since March 1.
At the same time, a 19 kg commercial cylinder has also become cheaper by Rs 84.50. In Delhi and Mumbai, the price of 14.2 kg gas cylinders without subsidies has been cut by Rs 53. For the first time since August 2019, the rate has been cut. So far the gas cylinder, which is available in the national capital, for Rs 858.50, will now be available for Rs 805.50.
According to the website of Indian Oil, the price of 14.2 kg LPG cylinder without subsidy in the national capital Delhi is Rs 805.50. is. The price of non-subsidized gas cylinders is Rs 839.50 in Kolkata, Rs 776.50 in Mumbai and Rs 826 in Chennai.
Oil companies have also cut prices of 19 kg commercial cylinders by Rs 84.50. After this deduction, the price of 19 kg LPG cylinder has been increased to Rs 1381.50 in the national capital Delhi. At the same time, it will have to pay Rs 1450 in Kolkata, Rs 1331 in Mumbai and Rs 1501.50 in Chennai.
Please tell that the price of non-subsidized LPG cylinder increased by about Rs 150 last month. In all metros, the price of non-subsidized 14.2 kg LPG cylinder was increased from Rs 144.50 to Rs 149, which came into effect from February 12. Their price increased to Rs 858.50, Rs 896, Rs 829.50 and Rs 881 respectively in Mumbai. LPG gas prices were raised 6 consecutive times between August 2019 and January 2020, during which LPG cylinders became almost 50 percent costlier.
The price of gas cylinders varies every month. Its price determines factors such as average international benchmark and changes in foreign exchange rates. For this reason, the amount of subsidy for LPG cylinder also changes every month. When prices rise in the international market, the government gives more subsidies and when rates come down, subsidies are cut.
According to tax rules, the Goods and Services Tax (GST) on LPG is calculated on the market price of fuel. Is fixed only. Let us know that at present, the government gives subsidy on 12 cylinders of 14.2 kg to each consumer in a year. If customers want to take more cylinders than this, they buy them at the market price.
Go to Indian Oil (IOC) website and click on https://indane.co.in/tarrifs_price.php. At the same time, you will see the tab of Show All Market. As soon as you click on it. Similarly, the list related to the prices of LPG cylinders will be released below.