Gujarat cuts VAT on fuel by 4%, becomes 1st state to do so
The Gujarat government today cut the Value Added Tax (VAT) on fuel by 4%, becoming the first state to do so. After the reduction in VAT, petrol will get cheaper by â¹2.93 per litre and diesel by â¹2.72 per litre in the state. This comes after the Centre cut excise duty on fuel by â¹2/litre, asking states to cut VAT.