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VAT on diesel News

30 Jul 2020

Delhi cabinet reduces VAT on diesel from 30% to 16.75%

Delhi cabinet reduces VAT on diesel from 30% to 16.75%. Price to fall from Rs 82 to Rs 73.64 per litre.

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.

VAT on natural gas

18 Aug 2017

Jaitley asks states to cut VAT on natural gas, other fuel

Finance Minister Arun Jaitley has written to state chief ministers seeking a cut in sales tax or VAT on fuels like natural gas that have been kept out of the GST but are used as inputs for goods that come under the new indirect tax regime.

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.

16 Jul 2015

Punjab, Haryana hike VAT on diesel

Punjab and Haryana raised Value Added Tax (VAT) on diesel, negating the full benefit of Rs 2 per litre cut on fuel to consumers.

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.

15 Nov 2014

Diesel prices up in Punjab as SAD-BJP govt raises VAT

Diesel prices in Punjab went up by about 77 paise a litre with SAD-BJP-led government raising VAT on diesel by 1.5 percent to 11.25 percent with effect from Saturday.

28 Jul 2014

Diesel price: Centre calls meeting with states

A litre of diesel in Delhi costs Rs 57.84 while in Mumbai it costs Rs 66.01 and in rest of Maharashtra Rs 65.99. This difference is primarily because of higher local sales tax or VAT and levy of state specific taxes like octroi and entry tax on the fuel.

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