Bihar chief minister, Nitish Kumar, on Monday said the state’s Value-Added Tax (VAT) on fuel is the lowest among many states. His statement comes after union petroleum and natural gas minister, Dharmendra Pradhan, appealed the state governments to cut the VAT on petroleum products by five %.
“Bihar’s Value-added tax (VAT) on petrol is 26 %, while the VAT on diesel is 19 %, which is the lowest among many states”, Nitish said while addressing the media in Patna.
The CM added that the base price of petrol and diesel in Bihar is more as compared to other states.
Pradhan had earlier said, “Considering the interests of the consumers, the Government of India has reduced excise duty on petrol and diesel by Rs. 2 per litre. We have appealed to all state governments to cut VAT by five % on petroleum products.”
