Vat On Fuels

Bihar reduces VAT on aviation turbine fuel to 4% to boost air connectivity

The Bihar Cabinet on Tuesday approved the proposal for reduction of value-added tax (VAT) on aviation turbine fuel (ATF) from 29 per cent to 4 per cent. The state Cabinet meeting, chaired by Chief Minister Nitish Kumar, approved the proposal of the Commercial Tax department to reduce VAT on ATF to attract more commercial flights. Bihar DyCM Samrat Choudhary in a statement issued after the cabinet meeting said, "The Cabinet approved the reduction of VAT on ATF from 29 per cent to 4 per cent under the Regional Connectivity Scheme (RCS). With this decision of the government, the air ticket prices will further reduce and it will also attract more commercial fights in the state.it will further enhance state's revenue and will also generate employment.". Earlier, 4 per cent VAT on ATF was applicable at Gaya airport only, Choudhary who also holds the Finance portfolio said, adding now the reduced rate will be applicable at all airports in the state. "This was also done with the objective

Fuel pumps go on indefinite strike in Rajasthan against high VAT

The Rajasthan Petroleum Dealers' Association (RPDYA) s demanding the state reduce its tax on fuel to match that of its neighbouring states

Rajasthan fuel stations to shut on sept 13-14, protest high VAT rates

Rajasthan Petroleum Dealers Association warns state of indefinite strike if government does not reduce taxes on fuel

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Further cut in state VAT on fuels can soften inflationary pressure: RBI Guv

Das said in his remarks while spelling out the outcome of the ongoing monetary policy review meeting that started on Monday.

Himachal Cong chief terms reduction in excise duty on fuel as 'trivial'

State Congress President MP Pratibha Singh further demanded the government to reduce the prices of essential commodities, edible oil, pulses, flour and vegetables

'We will consider,' says Karnataka CM Bommai on further cut in fuel tax

Bowing to public pressure, Finance Minister Nirmala Sitharaman on Saturday announced a Rs 8 per litre cut in excise duty on petrol and Rs 6 a litre on diesel to avoid increase in fuel prices

Centre happy to bring fuel under GST, states unwilling: Hardeep Puri

The Union Minister hit out at the Opposition-ruled states for their criticism over the fuel taxes and said that the BJP-ruled states charge half the VAT amount than the non-BJP states

Centre should remove cess, surcharges on fuel: TN FM Palanivel Rajan

He was responding to Prime Minister Narendra Modi's call on Wednesday to states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism"

His federalism is not cooperative but coercive: Rahul on PM over fuel price

Gandhi's remarks came a day after Modi flagged higher fuel prices in many opposition-ruled states and urged them to reduce VAT in "national interest"

States should cut VAT to give relief to consumers: Puri on fuel prices

All BJP-ruled states have reduced VAT on petrol and diesel, Puri pointed out

Maharashtra govt should reduce VAT on petrol and diesel: BJP's Patil

Maharashtra BJP president Chandrakant Patil demanded that the state government reduce the Value Added Tax on petrol and diesel, after the Centre recently cut the excise duty on the fuels.

No reduction in VAT on fuel, says Gujarat FM on state budget for 2021-22

State estimates GST shortfall of Rs 25,000 cr

Delhi Cabinet decides to reduce VAT on diesel to 16.75% to 'propel economy'

Chief Minister Arvind Kejriwal Thursday announced a reduction in VAT on diesel, saying the move will help propel Delhi's economy

Three states cut VAT on fuels

The move follows the Centre cutting excise duty on petrol and diesel by Rs 2 per litre last week