Meghalaya cabinet regularises decision to reduce tax rate on petrol, diesel ANI | Updated: Feb 17, 2021 23:32 IST
Shillong (Meghalaya) [India], February 17 (ANI): Meghalaya Chief Minister Conrad Sangma said on Wednesday that state cabinet has regularised the decisions of the government to revise the tax rates for petrol and diesel taken over the past few days which have led to the reduction in fuel prices by nearly Rs 7 per litre.
Meghalaya government had slashed the retail prices of both petrol and diesel by Rs 2 per litre last week.
Sangma said at a press conference after a cabinet meeting that the state government on Tuesday again lowered value-added tax (VAT) on the two petroleum products resulting in a reduction in the prices by over Rs 5 per litre.