Madhya Pradesh levies highest tax on petrol, Rajasthan on diesel: Puri
The Hindu
The lowest VAT on petrol and diesel is in Andaman and Nicobar Islands at ₹4.82 and ₹4.74 per litre respectively, Oil Minister Hardeep Singh Puri told the Lok Sabha.
Madhya Pradesh levies the highest sales tax or VAT on petrol in the country, while Rajasthan has the highest tax on diesel, Oil Minister Hardeep Singh Puri told the Lok Sabha on July 26. Heavily-taxed petrol and diesel rates have shot to their highest prices this month. Taxes, both central and State, make up for 55% of the retail price of petrol and 50% of diesel rates. While the central government levies a fixed excise duty of ₹32.90 a litre on petrol and ₹31.80 a litre on diesel, States charge an ad valorem rate of VAT that results in per-litre tax going up when prices rise, and falling when rates come down.
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