VAT on diesel

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

The Delhi Cabinet on Thursday decided to cut VAT on diesel from 30% to 16.75%. This will reduce price of diesel in Delhi from Rs 82 to Rs 73.64 i.e. by Rs 8.36 per litre.

Jul 30, 2020, 12:10 PM IST

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.

Dec 28, 2017, 22:08 PM IST

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.

Oct 10, 2017, 11:06 AM IST

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.

Oct 04, 2017, 22:16 PM IST

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.

Oct 04, 2017, 13:54 PM IST

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.

Aug 18, 2017, 14:27 PM IST

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.

Jan 19, 2016, 15:23 PM IST

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.

Jul 16, 2015, 18:15 PM IST

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.

Jul 15, 2015, 21:07 PM IST

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.

Dec 24, 2014, 23:08 PM IST

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.

Nov 15, 2014, 22:01 PM IST

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.

Jul 28, 2014, 17:12 PM IST

Uttarakhand govt reduces VAT on diesel

With an eye on the October 10 Tehri Lok Sabha bypoll, Uttarakhand government on Friday reduced the VAT on diesel prices by 60 paise per litre.

Sep 28, 2012, 16:58 PM IST