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Nirmala Sitharaman was addressing the media after the 53rd GST Council meeting.
However, Volkswagen company representatives in Kochi said fuel above the specified tank capacity could lead to mishaps.
The revised price will be applicable from 6 am on Friday.
The protest is held citing an increase in instances of vandalism and robbery attempts.
Two men who arrived in a bike threw the bomb at the jeep parked in front of the casualty wing of the Kozhikode MCH.
Last week, the government cut the price of the domestic 14.2kg LPG cylinder by Rs 200 per LPG cylinder.
Kerala Government imposed a social security cess of Rs 2 each on petrol and diesel from April 1
Action may be taken even if LPG cylinders are carried by individuals to their respective homes.
The plastic bottle containing petrol suddenly caught fire killing T V Prajith and his wife K K Reesha, states the report.
The LDF government had imposed a social security cess on petrol and diesel in the Kerala Budget.