Petrol, Diesel Rates Slashed After Centre’s Excise Duty Cut

SRINAGAR: The Jammu and Kashmir administration has decided to reduce petrol price by Rs 12 per litre and diesel price by Rs 17 a litre following reduction of excise duty on the fuels.

Taking to social networking site Twitter, Lt Governor Manoj Sinha wrote: “Hon’ble PM @narendramodi Ji has given a great Deepawali gift by announcing reduction in excise duty on Petrol&Diesel. In addition,J&K admin has decided to reduce additional Rs.7 on Petrol&Diesel,thereby reducing Petrol price by Rs.12/litre &Diesel by Rs.17/litre in UT from today.”

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