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Business / Rajasthan hikes VAT on petrol by 2% and on diesel by 1%

Rajasthan government on Thursday hiked value-added tax (VAT) on petrol by 2% and on diesel by 1% with effect from today. This comes after the Centre on Tuesday raised excise duty by ₹10 per litre on petrol and ₹13 per litre on diesel. Delhi and Uttar Pradesh governments also hiked the VAT on petrol and diesel amid the nationwide lockdown.

Rajasthan hikes VAT on petrol by 2% and on diesel by 1%

Jaipur: Rajasthan Government on Thursday hiked Value Added Tax (VAT) on petrol by 2 per cent and on diesel by 1 per cent with effect from today.

Several governments including Delhi, Assam and Uttarakhand have also increased tax on petrol and diesel in a bid to boost revenue which has taken a toll due to lockdown enforced to contain coronavirus.

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