Petrol, diesel prices cut by Rs 12, Rs 17 in JK

Srinagar, Nov 4: Day after the central government announced reduction in excise duty on petrol and diesel by Rs 5 and Rs 10 respectively, the authorities in Jammu and Kashmir have decided to reduce additional Rs 7 on petrol and diesel in the Union Territory.
Taking to micro-blogging site Twitter, office of the Jammu and Kashmir Lt. Governor said that the J&K has decided to reduce additional Rs 7 on petrol and diesel.
After reduction of additional Rs 7 on both the fuels, the price of petrol and diesel per litre will be Rs 12 and Rs 17 respectively in Jammu and Kashmir.
“Hon’ble PM @narendramodi Ji has given a great Deepawali gift by announcing reduction in excise duty on Petrol & Diesel. In addition, J&K admin has decided to reduce additional Rs.7 on Petrol & Diesel, thereby reducing Petrol price by Rs.12/litre &Diesel by Rs.17/litre in UT from today,” office of LG J&K tweeted.
Notably, on Wednesday evening, the central government announced reduction in excise duty on petrol and diesel by Rs 5 and Rs 10 respectively on the occasion of Diwali. (KNS)