Chandigarh Administration decides to hike VAT on petrol, diesel by 5%

Decision taken to generate more revenue for battle against COVID-19

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Photo for representation only.

Chandigarh, May 6: The Chandigarh Administration has decided to enhance Value Added Tax by 5 per cent on petrol and diesel, officials said.

The new prices of petrol will now be Rs.68.62 per litre and diesel at Rs.62.02 per litre.  

Petrol and diesel will continue to be cheaper in the UT than in the neighbouring states.

The development, aimed at mobilising more revenue at a time when the country’s in the middle of the coronavirus pandemic, comes a day after the central government decided to increase excise duty on petrol by a record Rs 10 per litre and Rs 13 per litre for diesel.