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

20-3 states and union territories have slice worth-additional tax (VAT) on petrol and diesel soon after the Centre lowered excise obligation on vehicle fuels on Wednesday.

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

On a per litre basis, petrol has diminished by Rs 13.35 in Karnataka, by Rs 12.85 in Puducherry, and by Rs 12.sixty two in Mizoram.

In the same way, the cost of diesel has diminished by Rs 19.forty nine per litre in Karnataka, adopted by Puducherry (Rs 19.08) and Mizoram (Rs eighteen.34).

Thirteen states go on to hold on to present VAT charges, such as significant states like Rajasthan, Maharashtra, Odisha, Chhattisgarh, Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Meghalaya, Andaman & Nicobar, Jharkhand, and Punjab have also held back again VAT cuts.

On Wednesday evening, the Centre had announced a reduction in excise obligation on petrol by Rs 5 a litre and diesel by Rs 10 a litre. The transfer arrived into influence from Thursday morning, bringing down the retail cost of petrol in the nationwide capital to Rs 103.ninety seven a litre and diesel to Rs 86.sixty seven a litre.

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