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Petrol price will come down by 92 paise while cost of diesel will go up by 37 paise from midnight tonight in the capital. 

A senior Delhi government official said that they have issued a notification slashing the VAT on the hiked component of petrol while the relief of 37 paise being provided since September last year will be withdrawn on diesel. 

The new rates will come into effect from midnight tonight. Delhi government had a fortnight ago decided to slash the VAT on the hiked component of the petrol price.

Petrol will cost 70.24 rupees per litre from current 71.16 rupees per litre and diesel will cost 41.28 rupees per litre as against the current rate of 40.91 rupees per litre.

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