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TMI BlogGujarat govt cuts VAT on petrol, diesel by 4%X X X X Extracts X X X X X X X X Extracts X X X X ..... Gujarat govt cuts VAT on petrol, diesel by 4% X X X X Extracts X X X X X X X X Extracts X X X X ..... n petrol and diesel by 4 per cent, state Chief Minister Vijay Rupani said today. The reduction in tax comes just before Diwali in the state, where the Assembly polls are due around the year-end. &qu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot;After the central government's instructions, Gujarat has decided to reduce VAT on petrol and diesel by 4 per cent from today mid-night," Rupani said at a press meet here. With this rate c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ut, the price of petrol will come down by ₹ 2.93 and that of diesel by ₹ 2.72 in the state, he said. The effective price of petrol in Gujarat from mid-night today will be ₹ 66.53 pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r litre and that of diesel ₹ 60.77 per litre, the chief minister added. Because of this move, the state government will suffer a loss of ₹ 2,316 crore annually. "But we have taken t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his decision in the interest of people," Rupani said. The lowering of tax in the poll-bound Gujarat follows Union Finance Minister Arun Jaitley recently writing to all state governments nudging ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... them to reduce taxes on petrol and diesel.
The Centre had recently brought down excise duty on petrol and diesel by ₹ 2 per litre. X X X X Extracts X X X X X X X X Extracts X X X X
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