Business Standard

23 states lower VAT rates on petrol, diesel after Centre's excise duty cut

According to an official statement, states that reduced fuel prices the most were Karnataka, followed by Puducherry and Mizoram

Photo: PTI
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Photo: PTI

Twesh Mishra New Delhi
Twenty-three states and union territories have cut value-added tax (VAT) on petrol and diesel after the Centre lowered excise duty on auto fuels on Wednesday.

According to an official statement, states that reduced fuel prices the most were Karnataka, followed by Puducherry and Mizoram.

On a per litre basis, petrol has reduced by Rs 13.35 in Karnataka, by Rs 12.85 in Puducherry, and by Rs 12.62 in Mizoram. Similarly, the price of diesel has reduced by Rs 19.49 per litre in Karnataka, followed by Puducherry (Rs 19.08) and Mizoram (Rs 18.34).

Thirteen states continue to hold on to existing VAT

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