Effective fuel price cut less than announced by Punjab govt, claims petrol dealers’ body

Petroleum dealers in Punjab have flayed the quantum of reduction in Value Added Tax (VAT) on petrol and diesel announced by the state’s Congress government, claiming that it was less than what was announced. The Petrol Pump Dealers Association Punjab (PPDAP) added that it will result in lesser sales with fuel prices remaining higher compared to Himachal Pradesh, UT Chandigarh and Jammu and Kashmir.

The PPDAP said that “the net reduction in fuel prices was not Rs 5 decrease in per litre of diesel and Rs ten in petrol what Punjab government announced yesterday”.

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