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Non-Subsidised LPG Cylinder Rate Decrease By Rs. 133 Per Cylinder

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In a major relief to consumers, price of non-subsidised LPG cylinder has come down heavily i.e. decreased by Rs. 133 per cylinder on the back of substantial decrease in the price of international LPG rates and improvement in dollar-rupee exchange rate. The rupee off late has surged past 70 mark per US dollar.

Non-Subsidised LPG Cylinder Rate Decrease By Rs. 133 Per Cylinder
 

Consumers need to buy non-subsidised LPG cylinders after they are exhausted with their subsidized quota of 12 cylinders allowed to them in a year. The price of subsidised LPG cylinder will also come down by Rs. 6.52 per cylinder and the new rates will be effective from today i.e. December 1, 2018.

"Accordingly, the upfront cash payment by the consumer for purchase of domestic LPG refill will reduce by Rs 133 per cylinder, i.e. from Rs.809.50 per cylinder in December, 2018 in Delhi market in place of Rs 942.50 per cylinder in November, 2018."

For the subsidized cylinder, the decline in price is attributed to the impact of GST on the revised price of domestic non-subsidised LPG.

So, the price on subsidised cylinder will decrease to Rs 500.90 for the from Rs 507.42 in November 2018.

Goodreturns.in

Read more about: lpg
Story first published: Saturday, December 1, 2018, 11:23 [IST]
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