Gujarat government slashes VAT on petrol, diesel by Rs 7 after Centre’s excise duty cut

The Gujarat government has reduced the Value Added Tax (VAT) on petrol and diesel by Rs 7 per litre each, according to the Chief Minister’s Office. The decision was announced hours after the Centre cut excise duty on petrol and diesel on Wednesday, and the new price came into effect from midnight, the CMO said in a statement issued late at night.

“Chief Minister Bhupendra Patel has announced to reduce the prices of petrol and diesel in Gujarat by Rs 7 per litre,” the statement said. ” Following Prime Minister Narendra Modi’s decision to reduce the excise duty on petrol and diesel, the Gujarat government has also decided to reduce the VAT on petrol and diesel and implement this reduction in the entire state from midnight,” it stated.