Rolling backing the tax cuts it announced in October 2018 on fuel, prior to the Lok Sabha polls, the Uttar Pradesh government on Monday announced an increase in VAT on petrol and diesel, making them costlier by Rs 2.35 and 98 paise per litre respectively from Monday/Tuesday midnight.
According to a notification issued by principal secretary, commercial tax, Alok Sinha, here, petrol will now be taxed at the rate of 26.80% or Rs 16.74 per litre, whichever is greater, while VAT on diesel will be 17.48% or Rs 9.41 per liter, whichever is more.
Diesel and petrol are outside GST and hence the state government has the power to revise VAT on it.
