Following Centre’s move to reduce excise duty on petrol and diesel, several states have also slashed VAT ( Value Added Tax) on both petrol and diesel, bringing much needed relief to common man amidst the festive season. The Centre reduced the excise duty on petrol by Rs 5 and that on diesel by Rs 10, to be effective from Thursday.
Fuel prices in metro cities
Petrol price on Thursday was cut by _6.07 per litre and diesel price by _11.75 in Delhi as oil companies passed on a record reduction in excise duty rates to consumers. Petrol will cost _103.97 per litre in Delhi against _110.04 per litre, according to a price notification of state-owned fuel retailers. Diesel rates accordingly will reduce to _86.67 per litre from _98.42 per litre.
The Uttar Pradesh government on Thursday said that the prices of diesel and petrol in the state will be reduced by _12 per litre each.
Prices of diesel and petrol in UP will be reduced by Rs 12 per litre each: Chief Minister’s Office
(file photo) pic.twitter.com/yztoR9EVwF
— ANI UP (@ANINewsUP) November 3, 2021
The Karnataka government has announced slashing their prices by an additional Rs 7 per litre. “Even though, it will mean a loss of Rs 2100 crore to our exchequer, it will bring down the prices for our citizens to 95.90 & 81.50 (Approx.) for Petrol and Diesel respectively,” he tweeted.
Our PM Shri @narendramodi ji has given the nation a wonderful Deepawali gift by reducing the burden of fuel prices.
To add to this festive spirit, Karnataka Government too will reduce Rs 7 on both petrol and diesel prices from tomorrow evening.
— Basavaraj S Bommai (@BSBommai) November 3, 2021
Assam announced a reduction in VAT on petrol and diesel by Rs 7 per litre with immediate effect on November 3, hours after the Centre slashed excise duty on fuel. “Heartening to learn Central Govt decision to reduce excise duty on petrol and diesel. In consonance with the decision of Hon’ble PM @narendramodi, I am pleased to announce that Assam Govt will also reduce VAT on petrol and diesel each by Rs 7/- with immediate effect,” he said.
Heartening to learn Central Govt decision to reduce excise duty on petrol and diesel. In consonance with the decision of Honble PM @narendramodi, I am pleased to announce that Assam Govt will also reduce VAT on petrol and diesel each by Rs 7/- with immediate effect @nsitharaman
— Himanta Biswa Sarma (@himantabiswa) November 3, 2021
Following Centre’a announcement, Gujarat Chief Minister Bhupendra Patel’s office said the state government has decided to reduce the VAT on petrol/diesel by Rs 7 per litre.
Uttarakhand has announced a reduction in VAT on petrol by _2 per litre in the state. With this, petrol prices in Uttarakhand are going down by _7 per litre.
Goa government slashed taxes on petrol and diesel to make them cheaper in the coastal state.
In addition, Government of Goa shall reduce an additional Rs 7 on Petrol and Rs 7 on Diesel, thereby reducing the price of diesel by Rs 17 per litre and petrol by Rs 12 per litre. 2/2
— Dr. Pramod Sawant (@DrPramodPSawant) November 3, 2021
The Haryana government has also reduced VAT on fuel prices in the state. Now both petrol and diesel will be cheaper by _12 per litre in the northern state.
_______ __ ____ __ ______ _____ __ _______ _ _____ __ ______ ___ ___ __ _____ __ __, ___ ___ _____ ___ _______ _____ __ __ _____ ___ _______ _ _____ ___ VAT __ __ __ ____ __, __ ____ _______ ______ ___ _______ ___ _____, _____ 12 __ _____ ____ _____ __ _______
— Manohar Lal (@mlkhattar) November 4, 2021
Manipur announced a reduction in VAT on petrol and diesel by Rs 7 per litre with immediate effect, hours after the Centre reduced excise duty on fuel.
Heartily welcome PM @narendramodi Ji’s decision to reduce excise duty on petrol & diesel as a gift to the people of this Nation on this Diwali.
I’m also please to announce that the Govt. of Manipur will also reduce VAT on petrol and diesel each by Rs 7/- with immediate effect.
— N.Biren Singh (@NBirenSingh) November 3, 2021
Tripura Chief Minister Biplab Kumar Deb tweeted, “Following Hon’ble PM Shri @narendramodi Ji led central govt’s decision on reduction of excise duty on petrol & diesel, #Tripura govt has also decided to reduce petrol & diesel cost by Rs 7 from tomorrow_After today’s decision Petrol & Diesel will cost Rs 98.33/lt & Rs 85.63/lt respectively in Agartala.”
Sikkim Chief Minister Prem Singh Tamang also announced a reduction in taxes on petrol and diesel by Rs 7 per litre following centre’s decision to reduce excise tax
“…on the auspicious occasion of Diwali, I would like to announce that the State Government will be reducing the prices of Petrol & Diesel in the state by Rs.7/(seven) per liter as a Diwali gift. This will come into effect starting today i.e 04/11/2021,” Tamang tweeted.