Puducherry, May 28 : In a bid to generate Revenue to the government the Value Added Tax (VAT) on Petrol and Diesel was revised with effect from Friday.
According to a Gazette notification, the VAT on Petrol in Puducherry and Karaikal regions of the Union territory will be 28 per cent and for diesel it will be 21.80 per cent. In Mahe region, the VAT on petrol will be 23.90 percent and on Diesel it will be 18.15 percent while in Yanam region VAT on petrol will be 25.70 percent and on Diesel it is 20 percent. This will be for three months, the notification said.
It may be noted that the government had revised VAT on Petrol and diesel by one percent on April 10 to mobilize funds to tackle the Coronavirus pandemic. (UNI)