Vat
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Delhi, Mumbai cut VAT on jet fuel: Will it bring relief to airlines and flyers?
Business | May 21, 2026, 03:31 PM ISTAs ATF accounts for nearly 40 per cent of airlines' total operating cost, high tax rates directly impact air ticket prices and the aviation sector's financial health.
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Maharashtra government announces steep reduction in VAT on jet fuel, slashes it to 7%
Business | May 15, 2026, 03:55 PM ISTAccording to an official notification, the state government has slashed VAT from 18 per cent to 7 per cent. The slashed VAT will be applicable for a period of six months.
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Rajasthan: Why are petrol pumps in the state shut for today and tomorrow? What are dealers demands?
Rajasthan | Sep 13, 2023, 12:26 PM ISTSpeaking on the matter, State President of the Rajasthan Petroleum Dealers Association, Rajendra Singh Bhati said that the protest will be held against high VAT on fuel in the state.
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Maharashtra govt to reduce VAT on fuel soon, says CM Eknath Shinde
India | Jul 04, 2022, 07:17 PM ISTA decision to reduce VAT on fuel will be taken in the state cabinet, Shinde informed the House, while replying to a debate after he won the floor test.
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Fadnavis terms Maharashtra govt's announcement of VAT cut on fuel as 'absolute cheating'
India | May 23, 2022, 07:43 PM ISTThe reduction in price as claimed by the state government is a natural result of the Centre's decision to cut down excise duty on fuel, Fadnavis said in a series of tweets.
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Mayawati urges Uttar Pradesh, other states to slash VAT on petrol, diesel
India | May 22, 2022, 02:06 PM ISTPetrol price on Sunday was slashed by Rs 8.69 a litre and that of diesel by Rs 7.05 per litre following the govt's decision to cut excise duty on auto fuels, giving relief to consumers battered by high fuel prices that had pushed inflation to a record high
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Petrol, diesel to become cheaper? Modi govt considering reducing excise duty, say sources
India | Apr 12, 2022, 04:36 PM ISTIn November last year, the government reduced the excise duty on petrol and diesel. Petrol had become cheaper by Rs 5 per liter while diesel cost reduced by Rs 10 per liter. Some states had also reduced VAT that further helped reducing petrol, diesel prices.
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Petrol to be cheaper by Rs 8 per litre in Delhi as AAP govt decides to cut VAT
News | Dec 01, 2021, 04:40 PM ISTThe Delhi government on Wednesday decided to reduce the VAT on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre, a move Chief Minister Arvind Kejriwal said will give relief to Delhiites from inflation.
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Petrol price cut by ₹ 8 per litre in Delhi, diesel price unchanged
India | Dec 01, 2021, 04:20 PM ISTThe price of petrol after the VAT cut will go down from the current ₹ 103 per litre to ₹ 95 per litre.
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Haryana slashes VAT on jet fuel to 1%; Scindia hails CM Khattar for 'setting an example'
India | Nov 28, 2021, 09:23 PM ISTCivil Aviation Minister Scindia has been requesting states to reduce taxes on jet fuel, which accounts for a major chunk of the operational costs of an airline.
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Jyotiraditya Scindia urges States, UTs to reduce VAT on jet fuel to increase air traffic
Business | Nov 20, 2021, 08:03 AM ISTSpeaking at a conference of the ministers of civil aviation from states & UTs in Delhi on Friday, Scindia said that there is a need for 9,500 pilots.
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Tripura reduces VAT on aviation fuel to accomodate better air traffic at Agartala airport
India | Nov 17, 2021, 06:58 AM ISTThe previous government used to charge an 18 per cent tax on the ATF. In November 2018, the Bharatiya Janata Party (BJP)-led government reduced the state's share of tax by 2 per cent and fixed it at 16 per cent.
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Petrol price cut by Rs 10, diesel by Rs 5 per litre in Punjab
India | Nov 07, 2021, 03:35 PM ISTChief Minister Charanjit Singh Channi made the announcement while addressing the media after the cabinet meeting. "We are reducing petrol rate by Rs 10 per litre and diesel rate by Rs 5 per litre from midnight," CM Channi said.
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Fuel price: 22 states reduce VAT on petrol, diesel. Check revised rates
Business | Nov 06, 2021, 08:35 AM ISTThe most reduction in the Petrol prices has been in Karnataka, followed by Puducherry and Mizoram. The prices of Petrol in these states have come down by Rs 13.35, Rs 12.85 and Rs 12.62 respectively, the release further added.
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Kerala firm on not reducing VAT on fuel prices, says state is in 'grim financial situation'
India | Nov 05, 2021, 07:33 PM ISTWhen many other states had increased fuel tax and introduced cess during the COVID-19 period, Kerala had not done so considering the plight of struggling commoners, the state Finance Minister said.
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Petrol price at Rs 90.74, diesel at Rs 81.12 per litre in Delhi
News | May 05, 2021, 12:34 PM ISTPetrol and diesel prices witnessed a minor surge in the national capital and stood at Rs 90.74 and Rs 81.12 per litre, respectively on Wednesday. The petrol prices were increased by 19 paise per litre and diesel by 21 paise in Delhi.
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Petrol, diesel prices soar in Uttar Pradesh after govt hikes VAT. Check revised rates here
Business | Aug 20, 2019, 12:03 AM ISTThe retail prices of petrol were lowered by 7 paise for the second successive day across four metro cities on Monday. Diesel prices, on the other hand, were reduced by 8-9 paise.
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Petrol Pump strike for VAT cut in Delhi creates chaos, drivers caught unaware
Oct 22, 2018, 11:42 PM ISTLong queues were witnessed at COCO outlets that were the only lifeline for motorists in the national capital.
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Delhi government refuses to cut VAT on fuel prices; ‘state already in loss’, says Sisodia
India | Oct 09, 2018, 07:44 PM ISTThe deputy chief minister added that states which are already reeling under the losses cannot be expected to bear the burden of extra Rs 2.5/ltre cuts.
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No respite to common man despite fuel price cuts
News | Oct 07, 2018, 11:10 AM ISTThe revised rates of petrol in Delhi stood at Rs 81.82/litre and Rs 73.53/litre respectively.