Goa mulling to reduce VAT on petroleum products

Written By DNA Web Team | Updated:

Goa chief minister Digamber Kamat today said that the state was examining the possibility of reducing Value Added Tax on petroleum products to ease the prices.

Goa chief minister Digamber Kamat today said that the state was examining the possibility of reducing Value Added Tax (VAT) on petroleum products to ease the prices.

The Commissioner of Commercial Taxes Department has
been asked to examine the possibility of reducing VAT on these
products, Kamat told PTI.

"Last time, when prices were hiked we had reduced the VAT on it," he said.

Kamat said that the commissioner of commercial taxes would examine the situation in other states vis-a-vis reduction of VAT.

"Generally, there is uniformity in VAT between various states. This aspect also needs to be considered," Kamat, who is also holding the finance portfolio, said.

The Opposition Bharatiya Janata Party (BJP) had protested against the petroleum product hike.

Party leader Manohar Parrikar had said that the state can reduce the tax on petroleum product so as to give relief to the common people.