Ahmedabad: Increasing the triplication of transporter, commuters, and many manufacturing and industrial units, diesel prices on Sunday cross the rs of 100 / liter in the capital city of Gandhinagar and Ahmedabad.
The price of fuel is done again in sync by tightening international oil prices.
Gasoline prices were climbed by 29 Paise per liter and completed at Rs 100.91 per liter, while diesel prices increased by 38 Paise per liter and reached Rs 100.04 per liter on Sunday at Ahmedabad.
Notification of the price of state-owned fuel retailers announced changes.
The sixth day in a row price increase drives fuel rates to a new highest record.
Gasoline violates the rs of 100 / liter in Ahmedabad in October 7.
Prices are different from the state to the state depending on local taxes.
The price surge not only destroys the monthly budget of consumers and commuters but also leaves industrial stakeholders.
Experts say the increase in fuel prices will cause inflation due to all important commodities including milk, vegetables, and FMCG items.
“The significant surge in fuel prices will only increase monthly expenses,” said Milind P, a resident of Vejalpur.
“We will see an increase in the price of essential commodities and in run-up to the festival season, we must save.” The price of gasoline and diesel began to surge in Ahmedabad since April 15.
In almost six months, the price of fuel has fuel prices.
Soar 15%.
The trend is a big blow for trade and industry players, which have been shaken from a series of cost pressures with rising raw material prices, coal costs, and shipping costs.
Patik Patwari, Senior Vice President, Gujarat Chamber of Commerce and Industry (GCCI), said: “An additional wave in gasoline and diesel prices will have a negative impact on all industries because their transportation costs will rise.” Patwari added: “It will also cause an increase in shipping costs.
It is time for the government to intervene and reduce duties and taxes to fuel so that consumers get relieved.” At the same time, the GST council must make a quick effort to bring petroleum products under the Ambit GST Instead of VAT, he said.
He proceeded by saying: “It will help the industry claim credit input tax credits on fuel, which often contributes most operating expenditures.”