We won't cut VAT on petrol: Chouhan

Madhya Pradesh,Business/Economy, Fri, 01 Jun 2012 IANS

Bhopal, June 1 (IANS) Madhya Pradesh Chief Minister Shivraj Singh Chouhan Friday refused to cut Value Added Tax (VAT) on petrol any further.

He said it was up to the central government to slash the recently hiked petrol prices.

Addressing journalists here, Chouhan pointed out that the state government had already reduced VAT on petrol by more than 2 percent during the state assembly's budget session three months ago.

He said the central government was not justified in hiking petrol prices given the fact that oil prices were falling in the international market.



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