Even as the state government marginally slashed sales tax on petroleum products with effect from midnight of February 22, 2021, the state-owned oil marketing companies (OMCs) increased prices of petrol and diesel on Tuesday after a two-day hiatus. Petrol and diesel prices were raised by 35 paise per litre each, sending retail rates to an all-time high.
After Tuesday’s rate revision and decrease in sales tax, petrol price in Dimapur stood at Rs.89.95 per litre and a litre of diesel was priced at Rs.83.56. On Monday, petrol price in Dimapur was Rs.93.01 per litre and price of diesel was Rs.83.92 per litre.
In the state capital Kohima, a litre of petrol was sold at Rs.90.86 and diesel was retailing at Rs.84.29 per litre. On Monday, prices of petrol and diesel in Kohima stood at Rs.93.93 per litre and Rs.84.65 per litre respectively. Fuel prices had risen for 12 straight days before hitting a two-day pause button on February 21 and 22.