Jharkhand petrol pumps strike against tax hike
February 23rd, 2010 - 4:12 pm ICT by IANSRanchi, Feb 23 (IANS) Petrol pumps in Jharkhand were closed Tuesday, causing inconvenience to residents, as the dealers called for a one-day strike to protest a 5.5 percent Value Added Tax (VAT) hike on diesel.
The Jharkhand government early this month had hiked VAT on diesel from 14.5 percent to 20 percent, causing rise of diesel prices up to Rs.2 per litre. The move was made to generate additional Rs.150 crore per annum.
Around 650 petrol pumps were closed in Jharkhand Tuesday, causing inconvenience to the people.
“Our agitation will continue till the state government rolls back the hike, following which the sale of diesel has reduced 24 percent in the state.
“Even the state government is suffering revenue loss due to reduction in sale of diesel,” Ashok Kumar Singh, Jharkhand Petroleum Dealers Association (JPDA) president, told reporters.
The JPDA says that in neighbouring states like Bihar, Orissa and West Bengal, VAT on diesel is 18.36, 17 and 18 percent respectively, while in Jharkhand it has been hiked to 20 percent.
- Jharkhand opposition protests hike in VAT on diesel - Feb 11, 2010
- Jharkhand hikes value added tax on diesel - Feb 10, 2010
- Deora appeals to Delhi petrol vends against strike - Apr 08, 2010
- Petrol price hiked by Rs.6.28 plus taxes, industry welcomes move (Second Lead) - May 23, 2012
- Cut tax to make diesel cheaper, say Delhi dealers - May 10, 2012
- Petrol costlier in India than in neighbours, US - Nov 29, 2011
- Petrol pump dealers' commission raised, prices go up - Jul 01, 2011
- Will analyse diesel price hike effect: Dikshit - Jul 04, 2011
- Petrol pumps in Chhattisgarh shut down to protest hike - Sep 18, 2011
- Indian Oil Corp records 30 percent profit drop in Q4 - May 30, 2011
- Pakistan reduces petroleum prices - Jul 01, 2011
- Petrol price hiked by Rs.7, opposition and allies fret (Intro Roundup) - May 23, 2012
- Diesel to cost less in Delhi from July 20 - Jul 16, 2010
- Delhi petrol pump owners protest against diesel tax hike - May 20, 2010
- Petrol dealers seek centre's help to bring down VAT on diesel - Aug 04, 2010
Tags: agitation, ashok kumar, bihar, diesel prices, inconvenience, jharkhand government, jpda, litre, neighbouring states, orissa, petrol pumps, petroleum, rs 2, state government, tax hike, value added tax, west bengal vat