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Maharashtra govt slashes VAT on petrol and diesel; BJP says relief inadequate
Updated On: 22 May, 2022 08:28 PM IST | Mumbai | PTI
Meanwhile, senior BJP leader Devendra Fadnavis said the reduction in VAT on fuel done by the Maha Vikas Aghadi (MVA) government was inadequate and termed it as a 'cruel joke' played on the people
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BJP leader Devendra Fadnavis. File Photo
A day after the Centre reduced excise duty on fuel, the Shiv Sena-led Maharashtra government on Sunday reduced the Value Added Tax (VAT) on per litre petrol by Rs 2.08 and diesel by Rs 1.44.
A statement issued by the government said the state exchequer will have to bear an annual loss of Rs 2,500 crore as a result of this decision.
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