Current Affairs

Petrol, Diesel Cheaper As VAT Reduced

The State government on Thursday reduced the Value Added Tax on petrol and diesel thereby making these products cheaper to the consumers who were reeling under yet another hike in petroleum product prices.
In Goa petrol will now be cheaper by Rs. 1.5 per litre while diesel will be cheaper by Rs 0.73 per litre.
The Central government had hiked the prices of petrol by Rs. 2 per litre and diesel by Rs. 3 per litre last week. LPG cylinder prices could not be reduced in Goa as it is already exempted from VAT.

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