November 23, 2024 02:53 (IST)
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Jaitley asks states to reduce VAT on Petroleum Products used for manufacturing

Jaitley asks states to reduce VAT on Petroleum Products used for manufacturing

New Delhi, Aug 18 (IBNS) : Union Fiance Minister Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs in making of goods after the introduction of Goods and Services Tax (GST).