Economic Times | Oil ministry seeks 5% cut in value added tax from states on petrol, diesel Moneycontrol.com India's oil minister Dharmendra Pradhan said on Wednesday his ministry has asked for a 5 percent cut in additional state levy, a day after the federal government cut factory gate tax on petrol and diesel to protect retail consumers from high global ... Entire excise cut on oil plus VAT rate cut has been passed on: BS Canth, IOC Oil refiners climb as govt cuts excise duty on petrol, diesel Oil minister Dharmendra Pradhan asks states to cut VAT on fuel by 5% |