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Goa may reduce VAT on petroleum products
November, 07th 2011

The state government has decided to examine measures in order to bring down Value Added Tax (VAT) on petroleum products to provide relief to citizens from the recent petrol price hike.

Speaking to TOI, chief minister Digambar Kamat said that he has asked for details of VAT on petroleum products in other states to examine the possibilities of bring down VAT in the state. "I will get the details on Tuesday. After that, the government will study and take a decision," said Kamat.

Recently oil companies have increased petrol prices by 1.82 per litre, which drew criticism from all sections of society.

The state government in June reduced VAT on petroleum products by two percent. The decision resulted in petrol price being reduced by 1.50 and diesel by 73 paisa.

The state unit of the Congress party has also decided to request the state government to reduce petrol prices.

Speaking to TOI, Goa Pradesh Congress Committee president Subhash Shirodkar said that he felt petrol and diesel prices should not be increased and steps must be taken to avoid inflicting an additional burden on the common man. "We will request the state government to give some relief to the common man by bringing down VAT on petroleum products," Shirodkar said.

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