New hikes on petrol, diesel to earn Rs 300 crore revenue: Delhi government official

NEW DELHI: The current hike in VAT on petrol and diesel along with the corona cess on liquor will earn Rs 300 crore revenue in a month for the Delhi government, officials said. During normal circumstances, the Delhi government generates revenue of Rs 5,000 crore from excise and Rs 30,000 crore in VAT and Goods and Services Tax (GST) every year.

However, no private liquor stores, restaurants, pubs and bars are allowed to operate during the lockdown so the operations are cut down to just around 20 per cent — which is government-run wine shops, so the 70 per cent additional cost in addition to the original price will earn the around Rs 100 crore to Rs 150 crore per month.