Price of subsidised LPG gas up by Rs 1.49 per cylinder

NEW DELHI: A marginal increase of Rs 1.49 per cylinder (from Rs 498.02 in August 2018 to Rs 499.51 in September 2018) was registered in the effective price of subsidised LPG cylinder in Delhi for domestic customers for the month of September 2018, according to Indian Oil Corporation data.

While the price of non-subsidised LPG at Delhi will increase by Rs 30.50 per cylinder in September 2018 mainly due to change in international price and foreign exchange fluctuations, the actual impact on subsidised domestic LPG customers is only Rs 1.49 per cylinder, which is mainly due to GST on the above. The subsidy transfer in customers’ bank account has been increased to Rs 320.49 per cylinder in September 2018 as against Rs 291.48 per cylinder in August 2018. Thus the domestic subsidised LPG customer is protected against the increase in prices of LPG. (AGENCIES)