Gujarat govt cuts VAT on CNG, PNG prices by 10%

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Gujarat government on October 17 announced that it has cut value-added tax (VAT) prices on compressed natural gas (CNG) and piped natural gas (PNG) by 10 percent, announced Gujarat Minister Jitu Vaghani.

As per mypetrolprice.com, the average CNG price in Ahmedabad is Rs 83.9 today, Rs 82.16 in Gandhinagar and Rs 81.15 in Vadodra.

After reducing VAT on CNG, consumers will benefit from Rs 6 to 7 per kg, while in PNG consumers will benefit from Rs 5 to 6 per kg.

The development comes ahead of the upcoming state Assembly elections scheduled to be held by end of this year. The Election Commission has already announced the dates for the Himachal Pradesh elections and the dates for Gujarat polls will also be announced soon.