Petrol, diesel get costlier in Rajasthan, VAT hiked
Jaipur: According to an official notification released by the Rajasthan government, the Value Added Tax(VAT) on petrol and diesel prices will see a hike of 4% with effect from today.
VAT on diesel prices will increase from 22% per cent to 26 per cent, whereas VAT on petrol will be increased from 30 to 34 per cent.
” In exercise of the powers conferred by sub-section (5) of section 4 of the Rajasthan Value Added Tax Act, 2003 (Act No.4 of 2003), the state government being of the opinion that it is expedient in the public interest so to do, hereby makes the following amendments in Schedule-VI appended to the said Act, with effect from 22.03.2020,” read the official statement.
