State hikes 5% VAT on Fuel

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Petrol price will be hiked by over Rs. 2.5 per litre and diesel by more than Rs. 2.3 after Assam government raised taxes on the fuels on Tuesday.

The Sonowal government has decided to charge 5 percent VAT on fuel. The decision will bring additional revenue to the State government.

Earlier, the State government had withdrawn the VAT from fuel owing to rise in fuel prices.

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