Punjab Pump Dealers On Strike Due To Increased VAT; One Commits Suicide

by GoNews Desk 1 week ago Views 424
Punjab Pump Dealers On Strike Due To Increased VAT
Punjab petrol pump dealers of the state are on strike due to increased VAT on petrol and diesel. The fuel pumps of Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited are observing a shutdown across Punjab on Wednesday. To turn the strike into a success, the Punjab Petrol Pump Dealers' Association has formed teams of five-six officers and sent them to different parts of the State.

Rajkumar, a petrol pump dealer in the state, said that the price of petrol-diesel in Punjab is Rs 5 cheaper in the neighbouring states of Himachal Pradesh, Haryana and Chandigarh.

Also Read: Lockdown Extended In Thiruvananthapuram Until Further Orders

He told that due to increase in tax in Punjab, the prices of petrol and diesel are going through the roof. A dealer GS Chawla died by suicide to voice his protest in this regard.

Petrol Pump Association Mohali has demanded a high-level inquiry into the suicide case of GS Chawla, owner of a Petrol Pump. The body of 76-year-old Chawla was recovered from a hotel in Panchkula. His suicide note said he had gone bankrupt due to the VAT disparity on fuel in Chandigarh and Punjab

The Punjab government has increased VAT by 6.32% on petrol and 4.18% on diesel in the last two months. After this, VAT on petrol increased from 20.11% to 26.43% whereas VAT on Diesel rose from 15.15% to 15.98%.

Statistics show that petrol is cheaper by Rs 5.02 per litre in Chandigarh, Rs 4.43 per litre in Haryana and Rs 4.75 per litre in Himachal Pradesh. Diesel is cheaper by Rs 2.70 per litre in Chandigarh, Rs 2.51 per litre in Haryana and Rs 3.86 per litre in Himachal Pradesh.

The Petrol Pump Dealers Association says that the disparity in fuel prices due to VAT difference has caused up to 80 per cent loss of sales to petrol pumps located in border districts.

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