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Goa Govt. reduces 2% VAT on Petrol

Excise Duty – Fuel -Taxscan
Excise Duty – Fuel -Taxscan
In a significant move to reduce the petrol price in state, Goa Government has reduced the Value Added Tax (VAT) on petrol from 9% to 7%.
The Government decision came in the wake of recent hike of petrol price by Rs 1.29 per litre.
Last December, the state government had decided to reduce VAT on petrol.
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