After govt reduces excise duty, states slash VAT on fuel

After the Centre reduced excise duty on fuel on Wednesday, several BJP-ruled states announced a further reduction of Rs 7 per litre on Value Added Tax (VAT) on both petrol and diesel. The Centre reduced the excise duty on petrol by Rs 5 and that on diesel by Rs 10, to be effective from Thursday.

Goa

In a tweet late in the evening, Goa Chief Minister Pramod Sawant wrote, “The Modi Govt. has given a great Diwali gift to all Indians by announcing reduction in Excise Duty on Petrol and Diesel… 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.”