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Oct 14, 2017
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Madhya Pradesh government cuts VAT on petrol, diesel
The Madhya Pradesh government on Friday reduced value-added tax (VAT) on petrol and diesel by 3% and 5%, respectively. The state government also withdrew the additional cess of Rs1.50 per litre on diesel.Notably, the Bharatiya Janata Party (BJP)-ruled Gujarat and Maharashtra states had reduced VAT on these fuels earlier this week.“The Madhya Pradesh government has decided to reduce VAT on petrol by 3%. The VAT on diesel is reduced by 5%. Moreover, the additional cess of Rs1.50 per litre has also been withdrawn,” state finance minister Jayant Malaiya announced after a meeting with chief minister Shivraj Singh Chouhan.
Source -
http://www.livemint.com
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