NEW DELHI, MAY 1: The price of a 19-kg commercial LPG cylinder has been increased by Rs 993 with effect from today, while domestic LPG cylinder rates remain unchanged.
In Delhi, the revised price of a 19-kg commercial cylinder now stands at Rs 3,071.50.
According to Indian Oil Corporation, petrol and diesel prices have been kept steady despite fluctuations in global energy markets. The company said retail fuel rates have been maintained to ensure stability for consumers, who account for nearly 90 percent of total fuel consumption.
This marks the third increase in commercial LPG prices since February 28, following earlier hikes in March and April.
The company also stated that aviation turbine fuel (ATF) prices for domestic airlines remain unchanged, as state-run firms have absorbed higher global costs to support the aviation sector. However, ATF prices for international carriers have been revised.
Meanwhile, the government has reduced the windfall gains tax on diesel exports to Rs 23 per litre and on aviation turbine fuel to Rs 33 per litre with immediate effect. The Finance Ministry said that excise duty on petrol and diesel for domestic use remains unchanged.
