Summary:
MUMBAI: Petrol is three paise short of Rs 90 a litre here, with the rate touching Rs 89.97 a litre on Sunday morning. Diesel prices are the highest in Mumbai compared to other metro cities. Diesel comprises 65% of operational costs for transporters.There is also demand to reduce excise duty, VAT, cess and other taxes on petrol and diesel. The increment is 17 paise over Saturday’s Rs 89.80. A senior state government official said that efforts were being made to bring fuel prices under the ambit of Goods and Services Tax..