Speed Post News Network
New Delhi : Following the decision of the Government of India to significantly reduce Central Excise Duty on Petrol and Diesel by Rs 5 & Rs 10 respectively, 22 states/UTs have also undertaken commensurate reduction of VAT on Petrol and Diesel to give relief to consumers.
However, there are 14 States/UTs which have not undertaken any reduction in VAT in Petrol and Diesel. They are: Maharashtra, NCT of Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Meghalaya, Andaman & Nicobar, Jharkhand, Odisha, Chattisgarh, Punjab, and Rajasthan.
The most reduction in the Petrol prices has been in UT of Ladakh, followed by Karnataka and Puducherry. The prices of Petrol in these UTs/state have come down by Rs 13.43, Rs 13.35, and Rs 12.85 respectively, according to a November 5, 2021, PIB release.