Manipur follows other BJP-ruled states; cuts VAT on petrol, diesel by Rs 7 per litre

Following the lead of other BJP-ruled states, the Manipur government on Thursday reduced value-added tax (VAT) for both petrol and diesel by Rs 7 per litre after the Centre announced a reduction in excise duty on fuel on Wednesday. The cut in central excise duty — Rs 5 per litre for petrol and Rs 7 for diesel — coupled with the state’s VAT reduction would bring down the prices of petrol and diesel by around Rs 12 and Rs 17 respectively in the state.

On Wednesday, the price of petrol was Rs 113. 35 per litre and diesel Rs 99.39 in the state. After the reductions, on Thursday, the price of petrol in Manipur has come down to Rs 99.38 per litre and that of diesel to Rs 82.51.