NE NEWS SERVICE
PUDUCHERRY, NOV 4
Puducherry Lt Governor Tamilisai Soundararajan on Thursday said that the file relating to the reduction in VAT on petrol and diesel decided by the UT government was approved and the reduced price came into immediate effect.
On the lines of BJP-led state governments, the AINRC-BJP coalition government in Puducherry has also reduced the Value Added Tax (VAT) on petrol and diesel by Rs 7 per litre, which came into immediate effect.
Happy to inform that in addition to the centre's reduction of excise duty ..#puducherry Govt reduces VAT 7% so that Petrol price reduced approximately Rs 12 to 13..Diesel price reduced by Rs 19 to 20..Thanks to @PMOIndia ..a great #Diwali2021 gift. pic.twitter.com/pE5ioxp012
— Dr Tamilisai Soundararajan (மோடியின் குடும்பம் ) (@DrTamilisai4BJP) November 4, 2021
Puducherry Chief Minister N Rangasamy said that with the Centre slashing the excise duty on petrol by Rs 5 and on diesel by Rs 10, the territorial government decided to reduce the VAT on the petroleum products by Rs 7. The CM hoped that this would benefit the public, farmers, industrialists and transport sector.
The VAT on petrol in Puducherry was 23 percent, which led to petrol being sold at Rs 107.79. The VAT has been reduced to 14.55 percent and the price of petrol per litre here would be now be Rs 94.94.
An official release said that the price of petrol in Karaikal will reduce to Rs 94.69 per litre from Rs 107.52. The release said that in Mahe, an enclave of Puducherry in Kerala, the price of petrol will now be Rs 92.52 from Rs 105.32 per litre.
Similarly, in Yanam, the VAT has been brought down to 15.26 percent from 23.70 per cent (petrol price per litre at Rs 95.59 from Rs 108.47). The price of diesel has come down by Rs 19.08 per litre in Puducherry, Rs 19.06 in Karaikal, Rs 18.92 in Mahe and Rs 19.11 in Yanam region with the range of VAT now being between 6.91 percent and 8.65 percent.
