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Pune Corporation to cut octroi on fuel

Pune: The Standing Committee of the Pune Municipal Corporation (PMC) has decided to reduce the octroi on petrol and diesel to 1 per cent from the existing 2 per cent.

With the reduction in octroi, the price of petrol and diesel will be reduced by Re. 1 a litre.

Corporators of the Pune Municipal Corporation had demanded that the octroi on petrol should be abolished completely.

The decision would now be tabled at the general body meeting to be held next month, when the final call would be taken.

Opposition parties Maharashtra Navnirman Sena and the Shiv Sena had pushed for the abolition of octroi in the wake of the increased petrol prices. Bharatiya Janata Party had, however, exercised some caution in making any demand.

Municipal commissioner Mahesh Pathak said the decision had been taken after consulting the Octroi Department.

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