(ET)
Haryana Government has accorded approval to partially restore the VAT rate on sale of Diesel and Petrol in view of the decrease in price of nearly Rs 15 per litre compared with their prices in October 2018.
A decision to this effect was taken in the Haryana Cabinet which met under the Chairmanship of Chief Minister, Manohar Lal here today. The increase in rate of tax would be Rs 1 per litre in case of Petrol and Rs 1.1 per litre in case of Diesel. It may be recalled that in October 2018, Haryana had reduced rate of VAT on diesel and petrol by Rs 2.50 per litre in view of the fact that the rate of diesel and petrol had gone as high as Rs 76.11 per litre and Rs 84.19 per litre respectively. Now, when the rate has come down by nearly Rs 15 per litre in case of both diesel and petrol, the State has decided to partly restore the VAT rate.
