Maharashtra government slashes VAT on petrol, diesel prices
ECONOMICTIMES.COM|
Updated: Oct 10, 2017, 02.09 PM IST
NEW DELHI: After Gujarat, Maharashtra became the second state to slash VAT on prices of petrol and diesel by Rs 2 and Re 1 respectively, effective from midnight.
After the new rates come into effect, petrol will cost Rs 75.58 per litre and diesel will cost Rs 59.55 in the state.
Maharashtra charges 25 per cent VAT on petrol in Mumbai, Navi Mumbai and Thane, while the rest of the state pays 26 per cent VAT on it. On diesel, 21 per cent VAT is levied in Mumbai, Navi Mumbai and Thane and while rest of the state is charged at 22 per cent.
After the new rates come into effect, petrol will cost Rs 75.58 per litre and diesel will cost Rs 59.55 in the state.
Maharashtra charges 25 per cent VAT on petrol in Mumbai, Navi Mumbai and Thane, while the rest of the state pays 26 per cent VAT on it. On diesel, 21 per cent VAT is levied in Mumbai, Navi Mumbai and Thane and while rest of the state is charged at 22 per cent.
