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Petroleum Minister Urges States To Cut VAT To Bring Down Fuel Prices


Petroleum Minister Hardeep Puri has urged states to chop VAT to deliver down gasoline costs

Mahasamund:

Amid outcry over excessive gasoline costs, Union Petroleum and Pure Fuel Minister Hardeep Singh Puri on Thursday stated the Union authorities has been interesting to states to chop VAT on petrol and diesel for giving aid to customers.

Mr Puri was on a day-long go to to Mahasamund, designated as `aspirational district’ below a Central scheme, in Chhattisgarh to take inventory of varied authorities schemes as a part of the nationwide “samajik nyay pakhwada” (social justice fortnight) celebrations known as by Prime Minister Narendra Modi.

Requested by reporters in regards to the rising costs of petrol and diesel, the minister stated, “Our effort is to maintain the costs below management, due to this fact the Centre slashed excise obligation on petrol and diesel final yr and requested the state authorities to do the identical.

“In Chhattisgarh, VAT on petrol and diesel is 24 p.c and whether it is decreased to 10 p.c, the costs will mechanically fall… When the consumption is rising, even 10 p.c (VAT) is an excessive amount of,” he added.

All BJP-ruled states have decreased VAT on petrol and diesel, Mr Puri identified.


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