Home » business news » Delhi: Petrol, diesel prices hiked as govt raises VAT
 
SPEED NEWS

Delhi: Petrol, diesel prices hiked as govt raises VAT

News Agencies | Updated on: 5 May 2020, 16:30 IST

The Delhi government has increased the Value Added Tax (VAT) on petrol and diesel to 30 per cent each leading to an increase in the price of Rs 1.67, and Rs 7.10 in both the commodities, respectively.

According to a notification issued by the Deputy Secretary VI, Finance, on Monday, the VAT on petrol has been increased from 27 per cent to 30 per cent, and that on diesel from 16.75 to 30 per cent, by the order of the Lt Governor of Delhi.


Earlier last month, the Assam government had also increased the VAT on diesel, petrol and other motor spirits.

-ANI

Also Read: Faridabad: Industries with less than 10 workers can begin operations

First published: 5 May 2020, 11:09 IST