The Haryana Government on Thursday decided to partially restore the VAT rate on the sale of Diesel and Petrol in view of the decrease in the price of nearly Rs 15 per litre compared with their prices in October 2018.
The increase in the rate of tax would be Re.1 per litre in the case of Petrol and Re. 1.1 per litre in case of Diesel, the state government said.
As per the proposed amendment, the rate of tax will be restored to 25 per cent (effective rate 26.25 per cent including surcharge) on Petrol and 16.40 per cent (effective rate 17.22 per cent including surcharge) on Diesel, that is pre-October,
