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Business News/ Industry / Energy/ Petrol, diesel to be costlier by Re 1 in Mumbai, other parts of Maharashtra

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Petrol, diesel to be costlier by Re 1 in Mumbai, other parts of Maharashtra

1 min read 06 Mar 2020, 01:30 PM IST Join us

PTI

Maharashtra government has increased VAT on petrol and diesel by Re 1 a litre
Petrol and diesel are yet to be brought under the ambit of GST

The hike in VAT on fuel will lead to a gain of ₹1,800 crore to the Maharashtra government. (Mumbai) — The hike in VAT on fuel will lead to a gain of ₹1,800 crore to the Maharashtra government. (Mumbai)

NEW DELHI : Petrol and diesel will be costlier by ₹one per litre in Maharashtra, the state legislature was informed on Friday. Finance Minister Ajit Pawar in his budget speech announced that VAT on petrol and diesel would be increased by ₹one per litre.

This measure would help the state exchequer garner and additional ₹1800 crore, the minister said.

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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Published: 06 Mar 2020, 01:29 PM IST

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