Tag: undertaken

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

22 States/UTs have so far undertaken commensurate reduction of VAT on Petrol and diesel;

Following the decision of the Government of India to significantly reduce Central Excise Duty on Petrol and Dieselby 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 ... Read more