The hike will be on account of an increase in value added tax (VAT) on the fuel announced in the budget presented in the assembly last week by the new BJP-led government.
The oil companies, which are selling petrol in Goa at an average price of Rs 60 per litre, will have to hike the rate by Rs 5 per due to an 8 per cent increase in VAT notified by the government.
The VAT on petrol has been raised from 7 per cent to 15 per cent from April 1.
There are a total of 110 petrol pumps run by oil PSUs in the coastal state.
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