petrol diesel price: Chandigarh reduces VAT on petrol, diesel by Rs 7 a litre after Centre’s excise duty cut
As per the notification issued by the Department of Excise and Taxation, UT Chandigarh, on Thursday, the VAT percentage on petrol has been reduced from 22.45 per cent to 15.24 per cent and on diesel from 14.02 per cent to 6.66 per cent.
The Haryana government had also announced a reduction in VAT on the fuels on Thursday, making them cheaper in the BJP-JJP-ruled state by Rs 12 per litre.
On Wednesday, the central government announced a cut in the excise duty on petrol and diesel by Rs 5 and Rs 10, respectively, bringing down their retail rates from record highs.
Reducing the excise duty, the Union government had urged states to commensurately reduce VAT on petrol and diesel to give relief to consumers.
Meanwhile, Shiromani Akali Dal President Sukhbir Singh Badal has urged the Charanjit Singh Channi-led Congress government to reduce VAT rate on petrol and diesel to provide relief to the consumers.
“High fuel prices have been eating into the Pbis (Punjabis) pocket. Centre’s late reduction of rates is a half measure! On behalf of SAD & Punjab, I demand that CM @CharanjitChanni take note from other states & reduce sky high petrol and diesel prices by Rs 10. Punjab has suffered enough!,” Badal tweeted.