Diesel cheaper by Rs 19 in Karnataka, but petrol still Rs 100

Diesel price in Karnataka will see a reduction of Rs 19.47 a litre, Chief Minister Basavaraj Bommai’s office said Thursday.

Similarly, the price of petrol will drop by Rs 13.30. However, petrol will still cost Rs 100.63.

Read | BJP has to be defeated completely to bring down fuel prices by Rs 50, says Sanjay Raut

“Diesel prices reduced from Rs 104.50 to Rs 85.03, a reduction of Rs 19.47. Petrol prices reduced from Rs 113.93 to Rs 100.63, a reduction of Rs 13.30,” the chief minister’s office said in a note.

“Karnataka’s share of sales tax on petrol is reduced from 35% to 25.9% and that on diesel from 24% to 14.34%,” the CMO said after the Finance Department issued a notification to this effect on Thursday.

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The rate of tax on aviation fuel has been revised to 28 per cent whereas it will be 5.5 per cent on piped natural gas (PNG).

“Karnataka is the first state to reduce sales tax on petrol and diesel,” Bommai’s office said.

On Wednesday, Bommai had said the reduction was expected to bring down the cost of petrol to Rs 95.50 a litre and diesel Rs 81.50.

The Congress mocked the BJP government calling this a Deepavali gift.

“I thank Modi for teaching people that fuel prices shall be reduced only when voters vote against BJP. This is not PM’s Deepavali gift.This is the result of by-elections that were held across the country,” Leader of the Opposition Siddaramaiah said.

Siddaramaiah urged citizens to vote against the BJP in the upcoming elections to the Zilla/Taluk panchayats and the BBMP. “Cooking gas cylinders have reached Rs 1,000; food & cooking oil prices are constantly increasing. Voters have to continue to vote against BJP for the prices to be reduced,” he said.

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