Reduce VAT on Petrol and Diesel by 7 Rs in Tamil Nadu - OPS stresses Stalin
ADMK Co-ordinator OPS said, "Observing that the price of fuel, which is the country's economic backbone, will continue to rise above Rs. On october 19, 2021, submit a report to the chief minister of tamil Nadu recommending that the State government cut the price of diesel, give up a share of the profits to the oil firms, and reduce the Central Government's excise charge. I had put in a request.
In tamil Nadu, a litre of petrol costs 106 rupees for 76 rupees and diesel costs 102 rupees for 69 rupees as of tomorrow. petrol and diesel prices have risen by more than Rs.100 in several parts of the country. In this context, the drop in prices and significant improvement in agricultural, industry, and service sector activity as a result of the reduction in the corona pandemic will help to grow the indian economy even more. The central government has issued an order lowering the fuel excise charge by Rs 10 per litre.
Thus, a litre of petrol costs 101 rupees, 40 rupees, and diesel costs 91 rupees, 43 rupees in Chennai. This is a really nice addition. As a result, the value added tax on fuel and diesel in Assam, Goa, Gujarat, Haryana, Karnataka, Tripura, Manipur, Sikkim, and pondicherry has been cut by Rs. As a result, the cost of diesel in the aforesaid states has decreased by 17 rupees, while the cost of gasoline has decreased by 12 rupees. Aside from that, uttarakhand has lowered the value added tax on fuel by Rs 2 and on diesel by Rs 7. The value added tax on petrol has been decreased by 3 rupees 20 rupees in Bihar, while the value added tax on diesel has been reduced by 3 rupees 90 rupees.
Despite the people of tamil Nadu's anticipation that the value added tax on petrol and diesel be reduced by 7 rupees per litre, the DMK has cut the price of petrol by 3 rupees per litre, in line with the DMK's election pledge of 5 rupees per litre and diesel by 4 rupees per litre. The DMK government is anticipated to come forth with a plan to lower the value added tax on fuel by Rs 2 per litre and the value added tax on gasoline by Rs 4 per litre. If this is reduced, a litre of petrol will cost 99 rupees instead of 40 rupees, and a litre of diesel will cost 87 rupees instead of 43 rupees."