Comments
States and Union Territories in the country have different tax structures on petrol and diesel.
In a written reply in Rajya Sabha on Wednesday, the Union Petroleum and Natural Gas Minister, Dharmendra Pradhan, gave details of state-wise actual rates of VAT (value-added tax) and sales tax on petrol and diesel.
Search this table to find out more on tax structure.
He said that prices of petrol and diesel have been made market-determined by the Government with effect from June 26, 2010 and October 19, 2014, respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel in line with international product prices and other market conditions.
He told the Rajya Sabha that the Central government levies Central Excise duty on petrol and diesel.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.