New Delhi: Before the Holi, common people have got great relief. Oil companies have made a big cut in the price of LPG Cylinder Price. A non-subsidized 14.2 kg LPG cylinder has become cheaper by Rs 53 since March 1. At the same time, a 19-kg commercial cylinder has also become cheaper by Rs 84.50. In the national capital Delhi, till now it will be available for Rs 858.50 and now it will be available for Rs 805.50. The new rates are effective from today. Explain that last month, the price of non-subsidized cooking gas cylinders had increased by about Rs 150.
In all metros, the price of non-subsidized 14.2 kg LPG cylinder was increased from Rs 144.50 to Rs 149, which came into effect from 12 February.
Non-subsidized gas cylinder prices in four metros
According to the website of Indian Oil, the price of 14.2 kg LPG cylinder without subsidy in the national capital Delhi is Rs 805.50. At the same time, the price of non-subsidized gas cylinders is Rs 839.50 in Kolkata, Rs 776.50 in Mumbai and Rs 826 in Chennai.
19 kg cylinder price
Oil companies have also cut prices of 19 kg commercial cylinder by Rs 84.50. After this cut, the price of 19 kg LPG cylinder in the national capital Delhi has been Rs 1381.50. At the same time, it will have to pay Rs 1450 in Kolkata, Rs 1331 in Mumbai and Rs 1501.50 in Chennai.
How LPG Cylinder Prices Are Determined According to the average international benchmark rate and the exchange rate of foreign exchange, the prices of LPG cylinders are fixed. For this reason, the subsidy amount of LPG cylinder also changes every month. When prices rise in the international market, the government gives more subsidy and when the rates come down the subsidy is cut. According to the tax rules, the Goods and Services Tax (GST) on LPG is calculated on the market price of the fuel itself.
Price of LPG cylinder in your city
Go to the IOC website and click on https://indane.co.in/tarrifs_price.php. At the same time, you will see the tab of Show All Market. As soon as you click on it. Similarly, the list related to the prices of LPG cylinders will be released below.