Gujarat govt cuts VAT on CNG & PNG, to offer two cylinders free to Ujjwala beneficiaries
By PTI
GANDHINAGAR: Ahead of Diwali, the Gujarat authorities on Monday introduced a discount in VAT (Value Added Tax) on CNG and PNG by 10 per cent and stated two cooking gasoline cylinders can be given free yearly to 38 lakh beneficiaries who have gotten gasoline connections below the Centre’s Ujjwala scheme.
The discount in VAT on CNG (compressed pure gasoline), PNG (piped pure gasoline) and two free liquefied petroleum gasoline (LPG) cylinders to Ujjwala scheme beneficiaries yearly, which is able to price the state exchequer altogether Rs 1,650 crore, come at a time when Assembly polls are just some month away in Gujarat.
“Our government has reduced VAT on CNG and PNG by 10 per cent. This will help homemaker women, auto-rickshaw drivers and all those who are using CNG-run vehicles,” state minister Jitu Vaghani stated.
VAT on CNG and PNG (utilized by households in kitchens) in Gujarat was 15 per cent and now the tax price will come down to 5 per cent, business sources stated.
This will cut back CNG costs by Rs 6 per kg and PNG charges by Rs 5 per customary cubic metre, he stated, including the state authorities will lose over Rs 1,000 crore in income with this tax reduce.
“Around 38 lakh families have been given LPG connections under the Ujjwala scheme. The state government has decided to provide two gas cylinders to each of these families per year. This will cost the government Rs 650 crore per year,” he stated.
“This LPG subsidy will reach the account of the beneficiary within three days of purchase of cylinder,” he stated.
GANDHINAGAR: Ahead of Diwali, the Gujarat authorities on Monday introduced a discount in VAT (Value Added Tax) on CNG and PNG by 10 per cent and stated two cooking gasoline cylinders can be given free yearly to 38 lakh beneficiaries who have gotten gasoline connections below the Centre’s Ujjwala scheme.
The discount in VAT on CNG (compressed pure gasoline), PNG (piped pure gasoline) and two free liquefied petroleum gasoline (LPG) cylinders to Ujjwala scheme beneficiaries yearly, which is able to price the state exchequer altogether Rs 1,650 crore, come at a time when Assembly polls are just some month away in Gujarat.
“Our government has reduced VAT on CNG and PNG by 10 per cent. This will help homemaker women, auto-rickshaw drivers and all those who are using CNG-run vehicles,” state minister Jitu Vaghani stated.
VAT on CNG and PNG (utilized by households in kitchens) in Gujarat was 15 per cent and now the tax price will come down to 5 per cent, business sources stated.
This will cut back CNG costs by Rs 6 per kg and PNG charges by Rs 5 per customary cubic metre, he stated, including the state authorities will lose over Rs 1,000 crore in income with this tax reduce.
“Around 38 lakh families have been given LPG connections under the Ujjwala scheme. The state government has decided to provide two gas cylinders to each of these families per year. This will cost the government Rs 650 crore per year,” he stated.
“This LPG subsidy will reach the account of the beneficiary within three days of purchase of cylinder,” he stated.
