News
Bringing fuel under GST: Govt on the horns of a dilemma
- Date:
- October 12, 2017
- Source:
- Money Control
After the Central government reduced the excise duty on motor fuels, state governments matched the move by cutting the VAT imposed on motor fuels. Gujarat and Maharashtra have announced a reduction of 4 percent and Himachal Pradesh has announced a 1 percent cut. Meanwhile Uttarakhand has proposed a 2 percent cut in VAT and another 2 percent in cess. This move helps in easing the rising prices of r…