BHOPAL: The petrol and diesel rates in Madhya Pradesh capital Bhopal have come down to Rs 108.63 and Rs 93.88 per litre, respectively, in the wake of the excise duty cut by the Centre, a fuel association representative said on Sunday.
However, this sudden announcement will cause losses to petrol pump owners as oil companies do not provide tax relief on the existing stock, Madhya Pradesh Petrol Pump Owners Associations president Ajay Singh told PTI.
