23 states reduce VAT on petrol, diesel after Centre’s excise duty cut


Twenty-three states and union territories have cut value-added tax (VAT) on petrol and diesel after the Centre lowered excise duty on auto fuels on Wednesday.

According to an official assertion, states that diminished gas costs essentially the most have been Karnataka, adopted by Puducherry and Mizoram.

On a per litre foundation, petrol has diminished by Rs 13.35 in Karnataka, by Rs 12.85 in Puducherry, and by Rs 12.62 in Mizoram.

Similarly, the value of diesel has diminished by Rs 19.49 per litre in Karnataka, adopted by Puducherry (Rs 19.08) and Mizoram (Rs 18.34).

Thirteen states proceed to carry on to present VAT charges, together with giant states like Rajasthan, Maharashtra, Odisha, Chhattisgarh, Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Meghalaya, Andaman & Nicobar, Jharkhand, and Punjab have additionally held again VAT cuts.

On Wednesday night, the Centre had introduced a discount in excise duty on petrol by Rs 5 a litre and diesel by Rs 10 a litre. The transfer got here into impact from Thursday morning, bringing down the retail worth of petrol within the nationwide capital to Rs 103.97 a litre and diesel to Rs 86.67 a litre.

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