VAT on petrol

Petrol, diesel get cheaper, here's how much excise duty and VAT you need to pay now

The Central government has cut the excise duty on petrol and diesel to offer some respite to the common man faced with an ever-increasing inflation. 

May 22, 2022, 09:02 AM IST

Odisha joins UP, Bihar to reduce VAT on petrol, diesel by Rs 3

As per the Chief Minister’s office, the new prices will be applicable from midnight of November 5 in Odisha. 

Nov 04, 2021, 15:28 PM IST

Yogi govt reduces prices of diesel and petrol by Rs 12 per litre each in Uttar Pradesh

With the Central government slashing the excise duty on petrol and diesel, the Uttar Pradesh government also decided to lower the VAT on the two petro products making them cheaper by Rs 12 per litre in the state.

Nov 04, 2021, 08:15 AM IST

Cut sales tax or VAT on petrol and diesel: Pradhan to states

 Oil Minister Dharmendra Pradhan further said that the petroleum sector would be brought under the ambit of the Goods and Services tax (GST) as and when the consensus is reached among the states.

Dec 28, 2017, 22:08 PM IST

Petrol, diesel become cheaper by upto Rs 3 per litre in Gujarat as state govt cuts VAT by 4%

The Centre had recently brought down excise duty on petrol and diesel by Rs 2 per litre.

Oct 10, 2017, 11:06 AM IST

Arun Jaitley urges states to cut VAT on petrol, diesel

Jaitley, who is here on three-day official visit, said the Rs 2 per litre cut in excise duty on petrol and diesel was done to give relief from relentless increase in prices and leave more money in hands of consumers.

Oct 04, 2017, 22:16 PM IST

Excise duty cut: Petrol price down Rs 2.5 a litre, diesel by Rs 2.25

In all, duty on petrol was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre in those 15 months that helped government's excise mop-up more than double to Rs 2,42,000 crore in 2016-17 from Rs 99,000 crore in 2014-15.

Oct 04, 2017, 13:54 PM IST

Petrol price rises by 96 paise/litre; diesel up 53 paise

Petrol price in Delhi was Tuesday hiked by 96 paise per litre and diesel by 53 paise after the state government raised VAT or local sales tax on the two fuels.

Jan 19, 2016, 15:23 PM IST

Delhi govt hikes petrol price by Rs 2.78, diesel by Rs 1.83 per litre

Earlier in June, state-run Indian Oil had cut the fuel price by Rs.1.35 per litre, while increasing that of petrol by 64 paise a litre, in line with the trend in global oil rates.

Jul 15, 2015, 21:07 PM IST

Odisha raises VAT on petrol, diesel

Petrol and diesel in Odisha will now cost more by Rs 1.49 per litre and Rs 1.33 per litre respectively with the state Cabinet on Wednesday deciding to increase the VAT to 23 percent from the current 20 percent.

Dec 24, 2014, 23:08 PM IST

Petrol prices to increase in Goa; government to impose VAT

Reneging on a major poll promise made in its manifesto, the BJP-led government on Wednesday announced that the decision to abolish Value Added Tax on petrol after coming to power in Goa, would now be reversed.

Dec 24, 2014, 18:26 PM IST