Author: trishbarker_uk1989
25 States/UTs have so far undertaken reduction of VAT on Petrol and diesel
25States/UTs have so far undertaken commensurate reduction of VAT on Petrol and diesel to give relief to the consumers. This follows the decision of the Government of India on 3rd November, 2021 to significantly reduce Central Excise Duty on Petrol and Diesel by Rs. 5 & Rs. 10 respectively. While doing so, the States were also urged to commensurately reduce VAT on Petrol and diesel to give relief to consumers. The States/UTs which have not undertaken any reduction in VAT in Petrol and Diesel are: Maharashtra, NCT of Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Jharkhand, Chattisgarhand Rajasthan.In ... Read more