UP petroleum traders seek VAT reduction

PTI Updated - March 13, 2018 at 10:40 AM.

The Uttar Pradesh Petroleum Traders’ Association has requested the Chief Minister, Mr Akhilesh Yadav, to reduce the VAT rates on petroleum products and bring it at par with Delhi and Haryana.

“The sale of diesel and petrol in UP is low in comparison to the neighbouring states because of high VAT rates being charged here. We request the CM to look into the matter and ensure that VAT is reduced and bring it at par with Delhi and Haryana,” said Mr B.N. Shukla, President of the association.

At an association meeting yesterday, the members urged the Government to remove VAT on lubricating oil.

Mr Shukla said the State Government should abolish the licence on diesel as dealers have to suffer harassment at various official levels for its renewal.

The other demands of the association include simplification of various taxes being charged from petrol pumps by municipal corporations, jal sansthans and zila parishads and payment of pending bills for diesel and petrol supplied during elections.

Published on April 9, 2012 05:56