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List of States That Have Cut VAT On Petrol And Diesel

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On the eve of Diwali, the government reduced excise duty on petrol and diesel by Rs 5 and Rs 10, respectively. At least 22 states and union territories responded by lowering their VAT rates in various degrees. Prices vary by state, based on the prevalence of local taxes and transit costs.

 

The drop in excise duty was the largest ever. It reverses a portion of the Rs 13 and Rs 16 per litre rise in fuel and diesel taxes enacted between March and May 2020 in order to avoid passing on to customers the dramatic drop in world oil prices at the start of the COVID-19 pandemic.

List of States That Have Cut VAT On Petrol and Diesel

The government's decision came at a time when opposition parties and citizens were putting pressure on it to lower fuel prices. It also coincides with Assembly elections in Uttar Pradesh, Punjab, and Goa.

According to the government, the UT of Ladakh has made the largest reductions in diesel prices, resulting in a drop of 19.61 per litre, followed by Karnataka and Puducherry.

List of states that have not reduced VAT

  • Delhi
  • Maharashtra
  • Punjab
  • West Bengal
  • Tamil Nadu
  • Kerala
  • Jharkhand
  • Chhattisgarh

List of States that have cut VAT on Petrol and Diesel

CityPetrol Slashed In Rs Diesel Reduced In Rs
Gujarat 7/litre 7/litre
Uttar Pradesh 12/litre 12/litre
Uttarakhand 2/litre 2/litre
Assam 7/litre 7/litre
Karnataka 7/litre 7/litre
Goa 7/litre 7/litre
Manipur 7/litre 7/litre
Tripura 7/litre 7/litre
Odisha 3/litre 3/litre
Bihar 3.20/litre 3.90/litre
Haryana 7/litre 5/litre
Chandigarh 7/litre 7/litre
Madhya Pradesh 4 percent/litre 4 percent/litre
Himachal Pradesh 7.5 percent/litre 8 percent/litre
Jammu and Kashmir 7/litre 7/litre

Read more about: petrol diesel fuel prices
Story first published: Sunday, November 7, 2021, 8:52 [IST]
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