Petrol and diesel prices are rising as states hike tax to cover coronavirus cost⁠— the steepest hike is in Delhi

IANS

• VAT on petrol was increased to 30% from 27%, previously. In the case of diesel, VAT has been almost doubled to 30% from 16.75%
  
• Petrol in Delhi now costs ₹71.26 a litre as against ₹69.59 previously.
  
• Previously, the Delhi government imposed a 70% fee on the maximum retail price of all categories of liquor sold through retail licenses for consumption off the premises.
  

A day after imposing the special ‘corona fee’ on liquor, the Delhi government has hiked local sales or value-added tax on petrol and diesel. VAT on petrol was increased to 30% from 27%, previously. In the case of diesel, VAT has been almost doubled to 30% from 16.75%.


Petrol price in the national capital was hiked by ₹1.67 a litre on May 5 and diesel by a steep ₹7.10 per litre.

Yesterday, the Delhi government imposed a 70% fee on the maximum retail price of all categories of liquor sold through retail licenses for consumption off the premises.

Most of the state government across India are increasing value-added tax (VAT) on fuels to rescue themselves from massive revenue losses. Recently, Haryana too raised taxes on petrol and diesel by ₹1 and ₹1.1 per litre. Whereas, Tamil Nadu government hiked petrol prices by ₹3.25 litre and diesel by ₹2.50 litre.

See also:
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