State Govt. To Endure Petro Price Hike
Updated on 06 June, 2008
The state govt. has released a notification in this regard on wednesday that will take effect at petroleam vendors from the midnight of thursday. There is also a reduction of 0.50 rs to diesel prices and the new price of 37.10 will come down to 36.50 only. According to Mr. Shubh kirti Majumdar, chief secretary, Commercial tax department, the taxes-VAT has been reduced by 2.5 percent to a meagre 24.5 percent. The taxes levied on diesel will be only 18.5% now which had been 20% earlier.