After Punjab government today reduced the prices of petroland diesel by Rs 10 and Rs 5 per litre respectively, the Punjab PetroleumDealers Association called off their protest and said they welcome the Punjabgovernment decision and it will be great relief to people of Punjab.
Earlier, on November 25, the members of the Punjab PetroleumDealers Association threatened the Punjab government to reduce the timings ofoperating fuel stations. They said if their demands were not met by November 7,the petrol pumps in the state would operate for just 10 hours, from 7 am to 5pm, for 15 days – from November 7 to November 21.
However, the association has now called off the protestas Punjab Government in the notification sent to them had accepted theirdemands and reduced the VAT on fuels.
From midnight, retail price of petrol in Punjab will beRs 96.16 per litre and for diesel will be Rs 84.80 per litre. VAT on petrol will 13.77 and on diesel willbe 9.92 percent.
Punjab CM Charanjit Singh Channi made this announcement ofreducing the prices of petrol and diesel during a press conference in Chandigarhon Sunday just minutes after cabinet meeting.