The gas in Punjab is costlier than in Chandigarh and Haryana due to disparity in tax charges. As a protest towards the excessive fee of taxes, gas pump house owners in Punjab stated they may hold their petrol pumps shut on July 29, 2020.
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Petrol & diesel charges in Punjab are increased than in Chandigarh & Haryana attributable to disparity in tax charges
Gas pump house owners in Punjab on Sunday stated they may hold their petrol pumps shut on July 29 in protest towards the excessive fee of taxes on petrol and diesel that’s adversely affecting their enterprise. Paramjit Singh, president of the Petrol Pump Sellers Affiliation, stated the gas in Punjab is costlier than in Chandigarh and Haryana due to disparity in tax charges. “We’ll shut our gas pumps on July 29 from eight am until 5 pm towards excessive fee of taxes,” he stated.
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A Mohali-based gas pump proprietor ended his life on July 22. The affiliation stated G S Chawla had allegedly “succumbed to the strain of lack of quantity attributable to disparity in gas costs in Punjab and neighbouring states, and income loss amid the COVID-19 pandemic”. Singh stated Chawala had fought towards the excessive fee of taxes on petrol and diesel. The retail value of petrol in Punjab is Rs 82.35 a litre as in comparison with Rs 77.41 in Chandigarh and Rs 78.46 in Panchkula, in line with a gas pump proprietor.
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The retail value of petrol in Punjab is Rs 82.35 a litre as in comparison with Rs 77.41 in Chandigarh
Equally, the speed of diesel in Punjab is Rs 75.54 compared to Rs 72.91 in Chandigarh and Rs 73.54 in Panchkula. Punjab imposes 33.40 per cent taxes on petrol and 19.77 per cent on diesel. Nevertheless, VAT fee in Chandigarh is 22.45 per cent on petrol and 14.02 per cent on diesel, gas pump house owners stated. “The border space sellers of Mohali, Fathehgarh Sahib and Rupnagar are the worst hit as they’ve misplaced as much as 80 per cent of their gross sales to Chandigarh, Himachal Pradesh and Haryana,” gas pump proprietor Ashwinder Mongia stated.
Gas pump house owners have urged the state authorities to convey the tax charges on par with neighbouring states
There are three,450 gas pumps in Punjab and of them, 800 are situated within the border districts that are dropping gross sales due to the excessive fee of worth added tax on gas. Gas pump house owners have urged the state authorities to convey the tax charges on par with neighbouring states. They stated it might revive petroleum commerce within the state and would additionally generate income to the state exchequer.
“The protest will likely be to press the state authorities to convey parity within the tax charges. It should even be a tribute to our member G S Chawla,” affiliation president Singh stated. On Sunday, petrol pump sellers within the state stored their gas stations shut for half an hour, he added.
(This story has not been edited by NDTV employees and is auto-generated from a syndicated feed.)
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