Bringing Petrol, Diesel Under GST Will Lower Prices, Says Maharashtra CM Fadnavis - 24.05.2018

The central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel. State sales tax or VAT varies from state to state. Unlike excise duty, VAT is ad valorem and results in higher revenues for the state when rates move up.

Tags : GST

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