LPG, coffee, footwear, inverter cheaper in Delhi

New Delhi, Mar 9: Liquified Petroleum Gas (LPG), coffee, desi ghee, and footwear prices will come down in Delhi.

According to Delhi's budget proposals for 2006-07, LPG will cost Rs 19.20 less per cylinder from the present rate of around Rs 295 after the rate of tax on LPG and Piped Natural gas is reduced to 4 per cent.

While presenting the Rs 13,345 crore budget estimates for the year, Dr Walia also gave a slew of incentives to other sectors.

Rubber, plastic and rexine footwear items having a MRP less than Rs 300 were exempted from tax.

The rate of tax on desi ghee, inverters, wire mesh and metal mesh were brought down from 12.5 per cent to four per cent.

Drugs used for treatment of Thallassemia patients, 'hawan' items and blood components were exempted from tax.

Composition tax was reduced to three per cent in case of goods procured outside Delhi and for which no statutory forms under Central Sales Tax are used. In case of goods procured from within Delhi, Composition tax was reduced to 2.5 per cent.

UNI