States announce petrol, diesel tax cut after Centre’s excise duty move

After the Centre announced central excise duty cut on petrol and diesel on Wednesday, states too followed suit and Assam, Tripura were the first on Wednesday evening to announce tax cuts on petrol and diesel. Assam chief minister Himanta Biswa Sarma announced VAT reduction of ₹7 on both petrol and diesel with immediate effect. Tripura chief minister Biplab Deb also announced a ₹7 reduction of VAT on petrol and diesel, which will be effective from tomorrow. “A happier Diwali for the 37 lakh people of Tripura,” the chief minister tweeted. After Assam and Tripura, Karnataka and Goa governments announced price reduction.

Himachal Pradesh chief minister Jai Ram Thakur said the state government will issue a notification soon announcing a reduction of VAT on petrol and diesel prices.