Strike in Telangana for VAT Hikes

petrol-pumpIn Telangana state, petrol pump owners are gearing up to go on a strike for imposing Rs 2 VAT on fuel per litre while the government is considering to impose additional VAT in case of further drop in fuel prices. The commercial taxes department has sent proposal for approval of KCR.

The fuel prices would be maintained at the current levels for at least six months, irrespective of price cuts announced by OMCs in future if KCR approves. The petrol owners will be hit in TS than neighbouring states.

G. Vinay Kumar, general secretary of Telangana Petroleum Dealers Association said “This is totally unfair on part of the TS government. Our business will be hit due to higher VAT in TS. Telangana state now sells the costliest fuel in the country, due to the recent VAT hike. The petrol pumps in TS bordering AP and other neighbouring would be worst affected. We request the government to immediately rollback its decision on the VAT hike. This is a matter of great concern, and we are getting several queries from many dealers expressing their anxiety over the situation.”

He said that they will meet the CM and finance minister to concern about notice. Mr Kumar added that “If they fail to respond positively, we will be left with no option but to go on strike.”

Already 31 percent VAT on petrol and 22.5 percent VAT on diesel, which is highest in the country. The benefit of reduction of price by OMC is not being passed on the consumers on account of hike on VAT.

Medaram Jathara

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