In my state VAT is 33%, so yes it add up another 5.70 Rs.
Present Fuel prices are perfectly fine and with the growing usage recently, Central Govt should not decrease the prices. They should be able to Garner some 17,000 Crore by this financial year ending because of more Excise duty.Excise Duty on Petrol and Diesel Increased By Rs 2; No change in Retail Fuel Prices.
If Petrol oil prices go up again because of International crude oil price.. People will complain "ye sarkar ab dekho daam bada rahi hai".
The Question here is do we need more Reduction?