Khanduri govt waives off VAT on petrol price in Uttarakhand

A day after the UPA government hiked the prices of petrol, BC Khanduri government on Friday night decided to waive off 25 per cent VAT on increased prices which the state government was supposed to get, with immediate effect.

The decision to exempt VAT was taken at a meeting of top officials chaired by Uttarakhand CM Khanduri. Government decision to this effect will help reduce the price of petrol by 78 paise per litre.

Government sources said petrol price had increased by Rs.3 per litre from Rs 66.10 to Rs .69.37 per litre will cost Rs 68.59 per litre after reduction of 78 paise.