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Gujarat govt cuts VAT on petrol, diesel by 4%

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..... Gujarat govt cuts VAT on petrol, diesel by 4% - News and Press Release Dated:- 10-10-2017 - News - Gandhinagar, Oct 10 (PTI) The Gujarat government has decided to reduce the value added tax (VAT) .....

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..... on petrol and diesel by 4 per cent, state Chief Minister Vijay Rupani said today. The reduction in tax comes just before Diwali in the state, where the Assembly polls are due around the year-end. .....

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..... After the central government's instructions, Gujarat has decided to reduce VAT on petrol and diesel by 4 per cent from today mid-night, Rupani said at a press meet here. With this rate cut, .....

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..... the price of petrol will come down by ₹ 2.93 and that of diesel by ₹ 2.72 in the state, he said. The effective price of petrol in Gujarat from mid-night today will be ₹ 66.53 per .....

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..... litre and that of diesel ₹ 60.77 per litre, the chief minister added. Because of this move, the state government will suffer a loss of ₹ 2,316 crore annually. But we have taken thi .....

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..... s decision in the interest of people, Rupani said. The lowering of tax in the poll-bound Gujarat follows Union Finance Minister Arun Jaitley recently writing to all state governments nudging them .....

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..... to reduce taxes on petrol and diesel. The Centre had recently brought down excise duty on petrol and diesel by ₹ 2 per litre. - News - Press release - PIB Tax Management India - taxmanagem .....

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..... entindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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