For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

LPG Cylinders Become Cheaper In July

|

In its monthly revision, prices of non-subsidized LPG (liquid petroleum gas) cylinders were lowered by Rs 100.5 by the state-owned Indian Oil Corporation Limited (IOC).

Subsidized LPG cylinder prices
 

Subsidized LPG cylinder prices

Prices of 14.2 kg subsidized LPG cylinders were lowered by around Rs 3 as against an increase of Rs 1.23 in June, across major Indian cities.

City Rates effective from 1 July 2019 (Rs) Previous price (Rs) Difference (Rs)
Delhi 494.35 497.37 3.02
Kolkata 497.47 500.52 3.05
Mumbai 492.04 495.09 3.05
Chennai 482.23 485.25 3.02

Households in India are allowed a maximum of 12 LPG cylinder purchases per year at subsidized rates.

However, cylinders have to be bought at full price at the time of purchase, and the subsidy is then credited to the customer's bank account by the government.

Subsidy paid varies every month based on the changes in the pricing and tax rates. GST on these cylinders are calculated on the market rates.

Residents also have the choice of voluntarily opt out of subsidy.

Households in India are allowed a maximum of 12 LPG cylinder purchases per year at subsidized rates.

However, cylinders have to be bought at full price at the time of purchase, and the subsidy is then credited to the customer's bank account by the government.

Subsidy paid varies every month based on the changes in the pricing and tax rates. GST on these cylinders are calculated on the market rates.

Residents also have the choice of voluntarily opt out of subsidy.

Non-subsidized LPG cylinder prices

Non-subsidized LPG cylinder prices

Prices of non-subsidized 14.2 kg cylinders were reduced by around Rs 100 in July as against an increase of Rs 25 in the previous month.

City Rates effective from 1 July 2019 (Rs) Previous price (Rs) Difference (Rs)
Delhi 637 737.5 100.5
Kolkata 662.5 763.5 101
Mumbai 608.5 709.5 101
Chennai 652.5 753 100.5
Aviation Turbine Fuel
 

Aviation Turbine Fuel

ATF rates are also revised every month based on global prices and fluctuation in foreign exchange value. The highest price cut was seen in Chennai in July and the least in Kolkata.

ATF prices per kilolitre (1000 litres) for domestic airlines:

City Rates effective from 1 July 2019 (Rs) Previous price (Rs) Difference (Rs)
Delhi 61,200.36 65,006.8 -3,806.44
Kolkata 67,153.85 70,421.41 -3,267.56
Mumbai 61,199.79 64,946.04 -3,746.25
Chennai 62,174.78 66,069.55 -3,894.77

ATF prices per kilolitre (1000 litres) for international airlines:

City Rates effective from 1 July 2019 (USD) Previous price (USD) Difference (USD)
Delhi 661.16 699.28 -38.12
Kolkata 710.29 748.39 -38.1
Mumbai 670.46 708.53 -38.07
Chennai 646.83 685.02 -38.19

Read more about: lpg atf
Story first published: Monday, July 1, 2019, 11:18 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more