Chandigarh slashes VAT on petrol, diesel by Rs 7 per litre

Chandigarh has slashed value-added tax (VAT) levied on petrol and diesel by Rs 7 per litre. The announcement follows the Centre's move to reduce excise duty levied on fuel.

With the Centre slashing excise duty on petrol and diesel, the Chandigarh Administration has also announced a reduction of Rs 7 per litre in value-added tax (VAT) on the fuels making them cheaper in the Union Territory.

"After the Centre cut levy on petrol and diesel, Chandigarh Administration has reduced VAT by Rs 7 on petrol and diesel with effect from midnight of November 4," an official statement said.