The Assam Government has withdrawn the partial subsidy of Rs 14 on domestic LPG cylinders and hiked the price of petrol by 76 paise per litre and diesel by Rs 1.67 a litre.
The State Government has also increased VAT to 6 per cent from 5 per cent on 127 household goods with immediate effect. According to a gazette notification, the government withdrew “the partial exemption granted to the oil companies on sale of Liquefied Petroleum Gas (LPG) for domestic use within Assam” with immediate effect.
State Commissioner and Secretary (Finance) Ravi Kota said the decision was taken at the last Cabinet meeting and has come into effect from yesterday, he added. “…The price of petrol will increase by 76 paise and diesel by Rs 1.67 per litre,” Kota explained. The VAT has been increased on 127 items under Second Schedule.
The Second Schedule items include most of the day-to-day household goods such as agricultural implements, all types of yarns, all kitchen utensils, bamboo items, all types of cycles and their parts, bulk drugs, coffee beans and seeds, coir products, edible oils, paper, plastic footwear, printed material, readymade garments and renewable energy devices. – PTI