Karnataka cuts sales tax by ₹7 each on petrol, diesel
The Hindu
Following the Central Government’s decision to reduce excise duty on petrol and diesel by ₹5 and ₹10 respectively, the State Government late on Wednesday night announced reduction of State’s sales tax
Following the Central Government’s decision to reduce excise duty on petrol and diesel by ₹5 and ₹10 respectively, the State Government late on Wednesday night announced reduction of State’s sales tax on both petrol and diesel by ₹7 each, with effect from Thursday evening.
Chief Minister Basavaraj Bommai, who took to Twitter to announce this, said the State would lose revenue of ₹2,100 crore owing to reduced sales tax.
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