Haryana waives off VAT on LPG, slashes tax on diesel

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Chandigarh, Jun 6 (UNI) Haryana today became the first state to waive off value-added tax (VAT) on LPG and make diesel cheapest in the country, thus benefiting the consumers in the state to the tune of Rs 357 crore.

Addressing a press conference here, Haryana Chief Minister Bhupinder Singh Hooda said the decision to give relief to consumers on petroleum products had been taken in an emergency meeting of the state cabinet.

The Chief Minister said Haryana was the first state to waive off the existing VAT of four per cent on LPG thus benefiting 31,47,371 consumers to the tune of Rs 45 crore.

With this concession, each LPG cylinder would be cheaper by Rs 13.10 paise. Now, each cylinder would be sold in Haryana at a rate of Rs 333 instead of Rs 350 as per the hike announced by the Centre.

He said it had been decided to reduce VAT on diesel from 12 to 8.8 per cent thus making diesel cheapest in the country. These measures would benefit consumers to the tune of Rs 312 crore.

These concessions would be effective from today, he added.

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