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Rajasthan : CM refuses to reduce VAT on petrol and diesel again

After reducing the excise duty of the center, now there is a demand to reduce the state VAT on diesel-petrol. Chief Minister Ashok Gehlot himself has again refused to reduce VAT. CM has raised the demand of the Central Government to further reduce the excise duty on diesel-petrol.

Gehlot had said the same thing by issuing a statement two days ago. Gehlot again issued a statement saying that I suggest that the state governments levy VAT on the revenue collected by the central government in the form of additional excise duty, special excise duty and cess from petrol, diesel and gas. In view of inflation, the central government should reduce it further. This will automatically reduce the VAT of the states.

Gehlot said that we have been continuously urging the central government to control and reduce the prices of petrol, diesel. Now, on November 4, with the central government’s decision to reduce excise duty, the state’s VAT also automatically reduced by Rs 1.8 per liter on petrol and by Rs 2.6 per liter on diesel. Due to this shortfall, the state has suffered an annual loss of Rs 1800 crore in VAT revenue.

Gehlot said that during the budget this year, the state government had reduced VAT on diesel petrol by 2 percent, due to which there has been a revenue loss of 1000 crores. Now there will be another loss of 1800 crores. In this way Rajasthan will get less revenue of 2800 crores.

Ban on not raising money
Gehlot said that the central government is requested to restrain the oil companies not to increase the prices further. To stop the daily increase in the prices of petrol and diesel. If not banned, then after Diwali as before and after the elections of 5 states, in a few days, oil companies will increase the price and make the benefit of the relief given by the central-state government to zero.

Center to pay GST dues
Gehlot said that the central government has already reduced the share that all the state governments used to get from excise. Also, there has been a huge reduction in the revenue of the states due to the situation of Corona already. The Prime Minister is again requested to pay about 5963 crores of GST compensation of Rajasthan.