AAP Govt Increase VAT on Petrol/Diesel in Delhi Thursday July 16,2015

The VAT rate on petrol has been increased from present 20% to 25% and on diesel from 12.5% to 16.6%, thereby resulting increase in the price of petrol by Rs 2.78 per ltr. (approx.) and in the price of diesel Rs 1.83 per ltr.

The VAT on petrol has been increased to 25 per cent from 20 per cent while it will be 16.6 per cent for diesel against current rate of 12.5 per cent

Note

The Delhi Assembly had on June 30,2015 cleared VAT Amednment Bill, tabled by Arvind Kejriwal's government, which allowed it to increase VAT up to 30 per cent on 11 goods including petroleum products, tobacco and aerated drinks