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petrol and diesel: 22 States/UTs have so far undertaken commensurate reduction of VAT

petrol and diesel: 22 States/UTs have so far undertaken commensurate reduction of VAT.  14 States/UTs have not reduced any VAT

Following the decision of the Government of India to significantly reduce Central Excise Duty on Petrol and Diesel by Rs. 5 & Rs. 10 respectively, 22 states/UTs have also undertaken commensurate reduction of  VAT on Petrol and Diesel to give relief to consumers. 

However, there are 14 States/UTs which have not undertaken any reduction in VAT in Petrol and Diesel. These are Maharashtra, NCT of Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Meghalaya, Andaman & Nicobar, Jharkhand, Odisha, Chattisgarh, Punjab, and Rajasthan.

The most reduction in the Petrol prices has been in UT of Ladakh, followed by Karnataka and Puducherry. The prices of Petrol in theses/state have come down by Rs 13.43, Rs 13.35 and Rs 12.85 respectively.


petrol and diesel: 22 States/UTs have so far undertaken commensurate reduction of VAT

 

For Diesel, the most reduction has been undertaken by UT of Ladakh, leading to price coming down by Rs 19.61 per liter there, followed by Karnataka and Puducherry.

petrol and diesel: 22 States/UTs have so far undertaken commensurate reduction of VAT

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