States’ auto fuel tax receipts seen rising 9% to Rs 1.96 lakh crore in FY21

States’ auto fuel tax receipts seen rising 9% to Rs 1.96 lakh crore in FY21

The states will also gain from the rise in auto fuel taxes through increased excise duties which will raise the taxable value of petrol and diesel for the levy of state sales tax.
Check the source here –Source, Financial Express.

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