Tuesday, November 16, 2021

Rajasthan, MP cut VAT to reduce fuel prices

Jaipur: The Rajasthan government on Tuesday decided to reduce petrol price by Rs 4 per litre and diesel rate by Rs 5 per litre from midnight.

“In the Cabinet meeting today, it was unanimously decided to reduce the rate of VAT on petrol and diesel. After this, the rates will be reduced by Rs 4 per litre in petrol and Rs 5 per litre in diesel from 12 o’clock tonight,” Rajasthan CM Ashok Gehlot tweeted.

Meanwhile, the MP Cabinet also cut VAT on aviation fuel from 25% to 4%, a much-awaited move that is expected to boost aviation and tourism in the state. The decision was taken at a meeting chaired by CM Shivraj Singh Chouhan. Aviation minister Jyotiraditya Scindia had written to many states, urging them to reduce VAT on aviation turbine fuel.

16/11/21 Times of India

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