Fuel price cut by 2.5/litre, 12 states lower VAT

The Centre announced a reduction in petrol and diesel prices by Rs 2.50 a litre and nudged states to match the cut through a reduction in VAT to bring much-needed relief to citizens reeling under the burden of runaway fuel rates. As many as 12 BJP-ruled states followed suit, giving an overall relief of Rs 5 per litre to the consumer.

from Times of India https://ift.tt/2P7g29v