Summary:
Addressing mediapersons here, Amarinder said, VAT collection on petrol was one of the three sources of income for the state. (Express Photo by Kamleshwar Singh)Punjab Chief Minister Amarinder Singh on Monday ruled out reduction in Value Added Tax (VAT) on petrol and diesel in the state for now. (Express Photo by Kamleshwar Singh) Amarinder’s reaction to Centre’s appeal to states to cut their share of VAT on petroleum products has come for the first time Monday. Amarinder’s reaction to Centre’s appeal to states to cut their share of VAT on petroleum products has come for the first time Monday. “If we reduce VAT on petrol and diesel, how will we function?.