In response to the Centre’s appeal to the States to reduce VAT on petrol and diesel by Rs 2.50, Odisha Finance Minister Sashi Bhushan Behera on Thursday said the State Government is considering the appeal.
“We are analysing the Centre’s appeal and will take a decision soon. If Centre slashes Rs 2.50, then Rs 65 paise will be automatically reduced,” Behera said.
Earlier in the day, Union Finance Minister Arun Jaitley called upon all the States to slash VAT of Rs 2.50 on petrol and diesel. Soon after his appeal, seven BJP-ruled states have reportedly announced to cut VAT