VAT on Petrol and diesel hiked in Goa starting June 22

Goemkarponn desk
PANAJI: The State Government today has increased VAT on Petrol and Diesel. The notification shall come into force with effect from June 22, 2024.
Petrol prices will cost Re. 1 per litre more, while diesel will see an increase of 35 paise a litre.
The second state to increase fuel prices this year is Goa. Recently, the Karnataka government increased the price of petrol and diesel. The sales tax on petroleum products changed, which is the cause of this increase.
The state now charges Rs 3 more per litre of petrol—from Rs 99.84 to Rs 102.84. From Rs 85.93 to Rs 88.95 per litre, diesel costs Rs 3.02 more.
The increase was ascribed by the Petroleum Dealers Association to the revised sales tax, which saw a rise in gasoline from 25.92% to 29.84% and in diesel from 14.3% to 18.4%.

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