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States hold fuel VAT rates, see up to 58% rise in sales tax revenue
States experience up to 58% sales tax revenue growth from fuel VAT, despite central excise duty cuts on petrol and diesel.
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timesofindia.indiatimes.com
Amid fuel price hikes, states urged to cut VAT
NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on…
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thehindubusinessline.com
States hold fuel VAT rates, see up to 58% rise in sales tax revenue
States experience up to 58% sales tax revenue growth from fuel VAT, despite central excise duty cuts on petrol and diesel.