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Higher Fuel Prices Due To VAT Charged By States
Union petroleum minister Hardeep Singh Puri on Saturday said that though fuel prices were high in Madhya Pradesh, in some other states, petrol/diesel prices were higher as it all depended on value-added-tax (VAT) being charged by the states.
He was replying to a question on high fuel prices in the state on the sidelines of a function in Indore. The price of petrol is close to Rs 110/litre in MP.
“In letters to MPs, I have mentioned about international prices of fuel as in last two years of representative period, North Asia and countries adjacent to India have witnessed 60-70 percent rise in petrol and diesel rates. Petrol is being sold at Rs 330/litre in Pakistan while in our country due to decisions taken by PM Narendra Modi, it’s rate has reduced by 5 percent compared to two years ago,” he said.
Puri said that in the same period, the rate of diesel reduced by 0.2perent. “It happened due to Modiji reducing central excise duty while some BJP-ruled states decreased VAT. Some states however could not do that,” he said.
The minister said that in West Bengal, petrol price was probably around Rs 111/litre while it was Rs 96/97 per litre in some BJP-ruled states.
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