homeeconomy NewsCommercial LPG gas cylinders prices slashed by nearly Rs 100 | Check new rates here

Commercial LPG gas cylinders prices slashed by nearly Rs 100 | Check new rates here

As per the new rates, the retail sale price of commercial LPG cylinder is Rs 1,680 in Delhi, sources told news agency ANI.

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By CNBCTV18.com Aug 1, 2023 10:27:15 AM IST (Updated)

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Commercial LPG gas cylinders prices slashed by nearly Rs 100 | Check new rates here
Oil Marketing Companies (OMCs) slashed the prices of 19 KG commercial LPG gas cylinders by Rs 99.75 starting Tuesday, August 1. As per the new rates, the retail sale price of commercial LPG cylinder is Rs 1,680 in Delhi, sources told news agency ANI. Meanwhile, there's no change in domestic LPG prices.

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On July 4, the commercial LPG gas cylinders prices were hiked by Rs 7 in Delhi. However, it was unchanged in Kolkata, Mumbai and Chennai, as compared to the prices revised on July 1.
Previous Price of 19 Kg IndaneGas
MonthDelhiKolkataMumbaiChennai
04-Jul-2317801895.51733.51945
01-Jul-2317731895.51733.51945
01-Jun-2317731875.517251937
01-May-231856.51960.51808.52021.5
Earlier in the day, Oil Marketing Companies (OMC) increased prices of the Aviation Turbine Fuel (ATF) for the second month in a row. The ATF prices in Delhi surged by Rs 7,728 per kilo-litre to Rs 98,508.26 per kilo-litre, while in Mumbai, it has mounted to Rs 92,124.13 per kilo-litre.
The new rates were enforced on the day the Ministry of Finance increased the Windfall tax on crude petroleum. However, the windfall tax on petrol and ATF remains Nil, a notification by the ministry said. A windfall tax is a higher tax levied by the government on specific industries when they experience unexpected and above-average profits.

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