Maharashtra cuts VAT on petrol by Rs.2.50/litre

IANS  |  Mumbai 

Within hours of the Centre announcing reduction in prices of petrol and diesel, Chief Minister on Thursday announced slashing VAT on petrol by Rs 2.50/litre.

"This will make petrol cheaper by Rs 5.00 in Maharashtra, after a relief of Rs 2.50 per litre of petrol and diesel announced by Arun Jaitley," said.

He assured that this would prove to be a huge relief to the people of state burdened by the highest prices of petrol and diesel anywhere in the country over the past few weeks, with petrol crossing Rs 93/litre in some parts like Parbhani on Thursday.

--IANS

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First Published: Thu, October 04 2018. 17:42 IST