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Punjab petrol dealers threaten strike over VAT issue

IANS  |  Chandigarh 

Petrol station owners in on Monday threatened to launch an agitation over their demand for reducing VAT to comparable levels with neighbouring Haryana, Pradesh and

Petrol Pump Dealers' Association of (PPDAP) said, petrol dealers will observe 'black Diwali' from Monday evening and the dealers will switch off lights from 7 to 7.30 pm.

"We are all losing sales steeply. The border area pump owners are the worst affected with a large proportion of HSD (High Speed Diesel) sales has also been lost to price difference," Doaba told media here.

"In first half of this year, HSD sales for have shown a big growth of 78.10 per cent as compared to corresponding period of last year. It is 2.3 per cent and 2.7 per cent for and J&K respectively. Whereas has recorded negative 2.5 per cent growth," he pointed out.

Punjab has 3,451 while Haryana, Jammu and Kashmir, New Delhi, and have 2918, 506, 438, 395 and 42 respectively.

He said due to a huge rate difference, nearly 900 petrol pumps in Pathankot, Hoshiarpur, Nawanshahr, Ropar, Mohali, Fatehgarh Sahib, Patiala, and Sangrur districts in Punjab are on the verge of closure.

"The disparity in VAT in comparison with Haryana, and has led to lower sales, causing revenue losses to the tune of crores to the Punjab government," said PPDAP

Among other districts, district in Punjab is the worst affected as it borders Chandigarh, he added.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 05 2018. 20:22 IST