Chandigarh reduces VAT on petrol, diesel by Rs 7

Chandigarh, November 5

After the Centre, the UT Administration has also given some relief to consumers by reducing the state VAT on petrol and diesel by Rs 7.

“After the Centre cut levy on petrol and diesel, the Chandigarh Administration has reduced VAT by Rs7 on petrol and diesel with effect from midnight of November 4, 2021. As per the notification issued by the Department of Excise and Taxation, UT, the VAT percentage on petrol has been reduced from 22.45% to 15.24% and on diesel from 14.02% to 6.66%,” read a communique of the Administration. The petrol price had breached the Rs 100 mark in the city on October 10. The Central Government had reduced the excise duty on petrol by Rs 5 and on diesel by Rs 10. Surender Kumar, a resident of Sector 43, said, “After Covid-induced tough financial times, it had become difficult for the public to use their vehciles even for going to office. There is some respite now.”

“The governments should automatically reduce the VAT and excise duty whenever the rates go up,” said Riya, an employee of a private company. — TNS

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