LPG Gas Cylinder Prices [July 2018] – 14.2 kg Cylinder with Subsidy Rate Hiked by Rs. 2.71

Updated: By: 3 Comments - Leave a Comment Ministry: Ministry of Petroleum & Natural GasBeneficiaries: Everyone,

Central govt. has raised the LPG Gas Cylinder Prices for July 2018. Now the Rates for 14.2 Cylinder with Subsidy are increased by Rs. 2.71 while the Non-Subsidy Cylinder Rates are increased by Rs. 55.50. The new prices are applicable from 1 July 2018 in all metro cities like Delhi, Kolkata, Mumbai and Chennai. People can now easily check the new rates in their areas (cities or villages) at official website iocl.com

The new rates are higher because of the increase in the basic prices as the value of Dollar has shown an upward growth as compared to Rupees in June 2018. Indian Oil Corporation (IOC) decides the rates of LPG Gas Cylinders on 1st of every month on the basis of benchmark Rate and Foreign Exchange Rate.

Check the prices applicable for the month of July 2018 as per the new notification of IOC.

LPG Gas Cylinder (14.2 Kg) Prices – Subsidized & Non-Subsidized [July 2018]

The new cost of subsidized & non-subsidized cylinders of 14.2 kg which will now remain applicable for this month are as follows:-
Subsidy and Non-Subsidy LPG Gas Cylinder Prices for July 2018

Effective Cost to Consumer after Subsidy in Metros (Rs./14.2 Kg cylinder)
Metro CityJuly 2018 PricesJune 2018 Prices
DelhiRs. 496.26Rs. 493.55
KolkataRs. 499.48Rs. 496.65
MumbaiRs. 494.10Rs. 491.31
ChennaiRs. 484.67Rs. 481.84
Non-Subsidised Prices of Indane in Metros (Rs./14.2 kg cylinder)
Metro CityJuly 2018 PricesJune 2018 Prices
DelhiRs. 754.00Rs. 698.50
KolkataRs. 781.50Rs. 723.50
MumbaiRs. 728.50Rs. 671.50
ChennaiRs. 770.50Rs. 712.50

To check the prices of cylinder in all other Cities, click the link – LPG Gas Cylinder Prices in All Cities

LPG Cooking Gas Cylinder (Subsidized & Non-Subsidized) Rates

As per the official statement, this hike in price of cylinders is due to GST on domestic Non-Subsidized LPG products. Now each cylinder in Delhi will cost Rs. 55.50 more than previous price. Each consumer will get this additional Rs. 52.79 (55.50 minus 2.71) credited directly into their bank accounts. Now the govt. will provide subsidy of Rs. 257.74 per year in July 2018 which was Rs. 204.95 per cylinder in June 2018.

This move of central govt. will the consumers unaffected from the price rise. All the citizens gets subsidy on purchase of 12 cylinders in a single year. After 12 cylinder quota is over, consumers have to purchase cylinders at Non-Subsidy rates or at Market rates. Each cooking gas cylinder is of 14.2 kg capacity.

Indane Gas Prices

— To check the prices of Indane Gas, click the link – https://www.iocl.com/Products/Indanegas.aspx
— For all other details, visit the official website https://www.iocl.com/

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