In a major relief to LPG consumers, Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 KG commercial LPG gas cylinders by Rs 158
The government has exempted imports of LPG, liquified propane and liquified butane from 15 per cent agri cess with effect from Friday. The government had in July imposed a 15 per cent agri cess on imports of these goods. The Finance Ministry in a notification said that imports of LPG, liquified propane and liquified butane have been fully exempted from Agriculture Infrastructure Development cess (AIDC) effective September 1.
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The decision to cut the price of domestic LPG cylinders by Rs 200 for all connections comes amid high inflation and ahead of crucial state and general elections
The reduction in the LPG cylinder price will come into effect from August 29. This will be the first change in the price of the LPG cylinder in six months
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In July, oil companies increased the price of domestic LPG cylinders by Rs 50. Earlier, the prices were increased twice in the month of May
No change in domestic LPG cylinder prices
A 19 kg LPG cylinder will cost Rs 1,680 in Delhi, Rs 1640.50 in Mumbai, and Rs 1,805.50 in Kolkata
After the increase, the retail sales price of a 19kg commercial LPG cylinder in Delhi has increased from Rs 1,773 to Rs 1,780. However, there is no change made in the prices of domestic LPG cylinders
The price of a commercial 19 kg LPG cylinder hiked by Rs 7. The revised prices are 1780 in Delhi, Rs 1902 in Kolkata, Rs 1740 in Mumbai, Rs 1952 in Chennai
Oil marketing companies had hiked prices by Rs 350.50 per unit on March 1
The prices for both commercial and domestic LPG cylinders are revised on the first day of every month
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From today a 19kg commercial LPG cylinder will be priced at Rs 1856.50 from today
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The Petroleum and oil marketing companies had on March 1 this year hiked the prices of commercial LPG cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit
The retail selling price (RSP) of a domestic LPG cylinder (14.2 Kg) on April 1, 2019 was Rs 706.50 which increased to Rs 744 in 2020, Rs 809 in 2021 and Rs 949.50 in 2022
The state-run companies also raised commercial LPG rates by Rs 350 for the 19 kg commercial cylinders, which now costs Rs 2,119 per refill in Delhi