The Meghalaya government on Tuesday reduced the price of petrol by an additional Rs 5.4 in the State.
This comes as a relief for people who have been affected by the high fuel prices.
Diesel prices also saw a reduction by Rs 5.1.
The new prices will come to effect from Tuesday.
In addition to the previous rebate of Rs. 2 per litre, Government has decided to reduce the petrol price further by Rs.5.4 per litre and diesel by Rs. 5.1 per litre to offer relief to consumers of #Meghalaya with slight variations in other Districts.
— Conrad Sangma (@SangmaConrad) February 16, 2021
This decision was taken in a meeting chaired by Chief Minister Conrad Sangma on Tuesday following an ongoing strike by the owners and drivers of commercial vehicles.
CM Conrad Sangma said that that the government has been collecting tax from petrol and diesel which has helped in generating revenue for the state.
Also read: Meghalaya Government reduces prices of petrol, diesel by 2 rupees
“However inspite of state facing financial constraint, the government will reduce the VAT for petrol from 31.62 per cent or Rs 17.60 per litre to 20 per cent or Rs 15 per litre. The VAT on diesel has been reduced from 22.59 percent or Rs 12.50 per litre to 12 per cent or Rs 9 per litre,” Sangma said, while informing by reducing the VAT, the price of petrol in Shillong will come down from Rs 91.26 to Rs 85.86 per litre while the price of diesel will come down from Rs 84.23 to Rs 79.13 per litre,” he said.
After the reduction petrol price in the state capital stood at Rs 85.86 per litre and diesel price at Rs 79.13 per litre.
On the other hand, petrol and diesel prices in Ri-Bhoi district were Rs 89.81 per litre and Rs 83.10 per litre on Monday.
As per the new prices, petrol in the district will cost Rs 84.77 per litre and diesel will cost Rs 78.00 per litre.
The Meghalaya had recently reduced the prices of diesel and petrol by Rs 2 per litre each.