Claim: State governments are collecting more tax on petrol compared to the central government.
Fact-check: This price buildup saying State government collects more tax on Petrol than the Centre is inaccurate - FACTLY
Verdict: as per the price buildup by iocl as of 01 february 2021 in delhi, of the retail selling price, the price charged to dealers by iocl is ₹ 29.71 and the commission paid to the dealers is ₹ 3.69. the central excise duty forms the major component with ₹ 32.98. delhi levies a state vat of 30% which amounts to ₹19.92. even according to the price buildup of other states, the component of central tax is more compared to that of state vat. hence the claim made in the post is false.
Organisation: FACTLY
Author: Chaitanya
Date published: 2021-02-16T05:57:24