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Petrol VAT News

07 Nov 2021

Tax on petrol down to nearly 50%, check how much one-litre fuel will cost you

So far, 24 states and Union Territories have reduced the VAT rates in different proportions. Punjab state government is the latest to reduce VAT on petrol and diesel.

05 Nov 2021

Meghalaya cuts VAT on fuel by Rs 5.20 per litre; joins UP, Bihar, Odisha

The step was taken in a state government's Cabinet meeting. Deputy Chief Minister Prestone Tynsong said the state government had already slashed VAT in February 2021. Meghalaya will have the lowest price of petrol and diesel in the country, he added.

16 Sep 2016

Maharashtra govt hikes VAT on petrol by Rs 1.50 per litre

Maharashtra government today hiked the value added tax (VAT) levied on petrol by Rs 1.50 per litre.

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