VAT on CNG and PNG cut by 10% in Gujarat

18 Oct 2022 , 09:26 AM

The Gujarat government stated on Monday that the state will reduce the value-added tax (VAT) on CNG and PNG by 10% in response to rising prices.

Gujarat Minister Jitu Vaghani announced the tax reduction, which resulted in a reduction in both fuel costs of Rs5- Rs7 per kg.

Prices for compressed natural gas (CNG) would drop by Rs6 or Rs7, while those for piped natural gas (PNG) will drop by Rs5 to Rs6. The current price per kilogram in the western state is between Rs80 and Rs84.

The state government’s action comes just a few weeks before the Gujarat election commission is scheduled to declare the dates for the elections.

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