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Petrol, diesel prices up in Punjab
Tribune News Service

Chandigarh, August 28
The prices of petrol and diesel in Punjab are up by 94 paise and 16 paise, respectively, as the state government has reimposed VAT on fuel prices, which will bring a revenue of Rs 100 crore. The price hike came into effect from last night. The Congress government in the state had withdrawn VAT on the hiked portion of fuel prices in view of the escalating prices last year.

“VAT, which was withdrawn last year on the increased rate of fuel prices, has been imposed again, thereby removing that anomaly. It will result in a collection of Rs 100 crore to the state exchequer," state excise and taxation commissioner A.Venu Prasad said today.