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VAT on petrol News

22 May 2022

Petrol, diesel get cheaper, check excise duty and VAT on fuel

The government had increased petrol and diesel prices on numerous occasions in the past few months. The base price of per litre petrol is Rs 57.13 in Delhi. Excise duty on petrol now stands at Rs 19.90 per litre.

Odisha Petrol Price

04 Nov 2021

Odisha joins UP, Bihar to reduce VAT on petrol, diesel by Rs 3

Chief Minister Naveen Patnaik today announced a reduction of Vat of Rupees 3 each on petrol and diesel. The rates will be applicable from midnight of November 5. Petrol and diesel prices in Odisha are likely to be one of the lowest in the country.

Petrol-diesel prices

04 Nov 2021

Yogi govt reduces prices of diesel and petrol by Rs 12 per litre each in UP

The Centre had also urged the states "to commensurately reduce" VAT on petrol and diesel to give relief to consumers Apart from UP, the state govts of Uttarakhand, Manipur, Gujarat, Assam, Karnataka, Goa and Tripura also announced a reduction of VAT on fuel

28 Dec 2017

Cut sales tax or VAT on petrol and diesel: Pradhan to states

Oil Minister Dharmendra Pradhan further said that the petroleum sector would be brought under the ambit of the Goods and Services tax (GST) as and when the consensus is reached among the states.

Gujarat government

10 Oct 2017

Petrol, diesel become cheaper by upto Rs 3 per litre in Gujarat as state govt cuts VAT by 4%

The Centre had recently brought down excise duty on petrol and diesel by Rs 2 per litre.

fuel excise duty

04 Oct 2017

Arun Jaitley urges states to cut VAT on petrol, diesel

Jaitley, who is here on three-day official visit, said the Rs 2 per litre cut in excise duty on petrol and diesel was done to give relief from relentless increase in prices and leave more money in hands of consumers.

04 Oct 2017

Excise duty cut: Petrol price down Rs 2.5 a litre, diesel by Rs 2.25

In all, duty on petrol was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre in those 15 months that helped government's excise mop-up more than double to Rs 2,42,000 crore in 2016-17 from Rs 99,000 crore in 2014-15.

19 Jan 2016

Petrol price rises by 96 paise/litre; diesel up 53 paise

Petrol price in Delhi was Tuesday hiked by 96 paise per litre and diesel by 53 paise after the state government raised VAT or local sales tax on the two fuels.

Delhi Petrol prices

15 Jul 2015

Delhi govt hikes petrol price by Rs 2.78, diesel by Rs 1.83 per litre

Earlier in June, state-run Indian Oil had cut the fuel price by Rs.1.35 per litre, while increasing that of petrol by 64 paise a litre, in line with the trend in global oil rates.

Petrol prices in Odisha

24 Dec 2014

Odisha raises VAT on petrol, diesel

Petrol and diesel in Odisha will now cost more by Rs 1.49 per litre and Rs 1.33 per litre respectively with the state Cabinet on Wednesday deciding to increase the VAT to 23 percent from the current 20 percent.

24 Dec 2014

Petrol prices to increase in Goa; government to impose VAT

Reneging on a major poll promise made in its manifesto, the BJP-led government on Wednesday announced that the decision to abolish Value Added Tax on petrol after coming to power in Goa, would now be reversed.

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