Maharashtra Government To Slash VAT on Fuel Soon, CM Eknath Shinde Announces

Maharashtra Government will slash VAT on fuel soon, Chief Minister Eknath Shinde informed the State Assembly on Monday. |

Maharashtra Fuel Price: The Eknath Shinde-led Maharashtra Government on Monday announced that it will slash VAT on fuel soon. Chief Minister Eknath Shinde, while replying to a debate after he won the floor test, informed that a decision to reduce VAT on fuel will be taken in the state cabinet.

Replying to a congratulatory motion in the Legislative Assembly, he also announced Rs 21 crore for the development of Hirkani village in Raigad district.

In April, the then chief minister of Maharashtra, Uddhav Thackeray had announced a reduction in petrol and diesel prices by Rs 2.08 per litre and Rs 1.44 per litre respectively after the Centre slashed excise duty on petrol and diesel by Rs 8 and Rs 6 per litre respectively.

Addressing a press conference today after attending today’s Assembly session, Shinde said, “We will cut VAT on petroleum to provide relief to the people of Maharashtra. When the Central government comes with any state government, the speed of development increases multifold in that state. We will surely get benefit from Devendra Fadnavis’s experience.”

Presently in Mumbai, the rate of petrol is Rs 111.35 per litre and diesel is being sold at Rs 97.28 per litre.

In April this year, Prime Minister Narendra Modi had said that the Centre and states should work in tandem, reiterating the theme of cooperative federalism, calling on states that haven’t followed the reduction in excise duty on petrol and diesel by the Centre in November with a decrease in Value Added Tax (VAT) to do so. He emphasised that high taxes on petrol and diesel in such states – almost all opposition-led – are an injustice to the people.