States gained Rs 49k crore when fuel prices rose, have room to cut VAT: SBI - Dealers Care

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Sunday, 29 May 2022

States gained Rs 49k crore when fuel prices rose, have room to cut VAT: SBI

States gained Rs 49,229 crore from VAT revenue on fuel when oil prices were increasing and will forego Rs 15,021 crore now that excise duty on fuel has been cut, SBI Research said in a report

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