Delhi Govt. Rolls Back Cooking Gas Hike By Rs.15, VAT On CNG

The Government of National Capital Territory of Delhi on Monday announced a roll back of hike in LPG cylinders' prices by Rs.15 and the value added tax (VAT) on compressed natural gas (CNG).

The Delhi Government had earlier withdrawn the subsidy of Rs.40 on LPG cylinders and levied a five percent VAT on CNG.

It means that the price of LPG gas cylinders will now increase by Rs. 25 and can be purchased at Rs 307.80 per unit by general public in Delhi.

On March 22, announcing the budget, Delhi Finance Minister A. K. Walia had said that the withdrawal of subsidy on LPG and enhancement in VAT rates were necessitated by the increased expenditure on infrastructural projects related to Commonwealth Games 2010.

The Delhi Government had removed the current subsidy of Rs. 40 on the LPG, which would have led to increase in prices up to Rs 322.80 per gas cylinder.

Walia had said that the withdrawal of subsidy would have relieved the State Government of a burden of Rs 160 to Rs 170 crore per annum.

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With thanks : Source : Daily India

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Rollback of 4% VAT likely on LPG

There may be a rollback of about Rs 12-15 on the cost of LPG cylinder in the national Capital. After public outcry, the Delhi Government is mulling rollback of four per cent of VAT rate from an LPG cylinder which may give relief of about Rs 12-15 per cylinder to consumers. The indication on the same came during the Budget discussions in Delhi Assembly on Tuesday.

Participating in the Budget discussion, Congress MLA Mukesh Sharma urged Delhi Government to waive four per cent VAT rate on the LPG cylinder to bring the cost of the cylinder at par with that in the neighbouring States of Haryana, Punjab and Uttar Pradesh.

Later, under attack for withdrawing subsidy on LPG cylinder and

increasing VAT on CNG and diesel, Dikhist said she was "open" to reviewing the budget proposals noting that her's is a "sensitive" government. "We are open to it," Dikshit said when asked whether government will review its decision on withdrawing subsidy on cooking gas and increased VAT on a number of items. "Our's is a sensitive government. We always try to address the problems of the common man," Dikshit said. The Chief Minister said that the Government has received several suggestions pertaining to roll back of four per cent VAT from LPG which may give relief about Rs 12-15 per cylinder. "The idea is good and the government is considering it," said Dikshit.

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With Thanks : source : The Pioneer

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