Delhi Govt Withdraws 4% VAT on Cooking Gas
Yielding to pressure from the opposition, the Delhi government has withdrawn a four percent VAT levied on cooking gas, though it has adhered to its decision to withdraw a subsidy of Rs 40 on LPG cylinder, reported PTI.
The prices of cooking gas cylinder will come down by Rs 12-13 with the decision, said report.
After the withdrawal of Rs 40 subsidy, an LPG cylinder used to cost Rs 322.80.
Besides, the state government withdrew five percent VAT on Composed Natural Gas (GNG) and the VAT for tea, coffee and cocoa was brought back to five percent from the proposed 12.5 percent, report said.
Finance Minister A K Walia announced the measure in Assembly while replying to discussions on the budget presented on March 22, said report.
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