Chhattisgarh Chief Minister Bhupesh Baghel on Monday said the cut in excise duty on fuel by the Centre will cause a loss of around Rs 500 crores to the state exchequer. He again urged the Union government to withdraw the cess imposed on the fuel.
Baghel was talking to reporters here before leaving for Dantewada district on his feedback campaign ‘Bhent Mulaqat’.
Union Finance Minister Nirmala Sitharaman on Saturday announced a reduction in the central excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.
Asked if Chhattisgarh will reduce Value Added Tax (VAT) on petrol and diesel, Baghel said he could not understand Sitharaman’s comment of Sunday that the reduction in excise duty will not impact the state’s share in it.
