The cash-strapped Maharashtra government has demanded its share of more than ₹50,000 crore from the additional excise duty as well as the agriculture and road cess levied by the Central government on diesel and petrol.
The demand was raised during the Maharashtra government’s meeting with the Niti Aayog earlier this week.
The basic price of petrol in Maharashtra is ₹40.97 per litre, on which Centre levies excise duty and cess of ₹32.90, while state government imposes ₹30.28 as value-added taxes (VAT) on every litre, taking the price to more than ₹107 a litre that includes the petrol pump’s commission of ₹3.86.
