The Meghalaya Cabinet approves new rates of tax on prices of petrol and diesel.
The Govt of Assam recently revised its rates of petrol & diesel and as practiced, whenever the rates in Assam are changed, commensurate to that, GoM also revises its rates to take advantage of the price differential.
After new rates of tax applicable from 00.00 hrs of 25/8/2022, the retail sale price of petrol in Byrnihat is ₹95.10 & ₹96.83 in Shillong and for Diesel, the retail sale price will be ₹83.50 in Byrnihat & ₹84.72 in Shillong.
Cabinet Minister James Sangma said the price of petrol in Byrnihat would be rupees 1.92 cheaper than what it is in Assam.
“Along with this, I would also like to inform you that, despite the hike in our tax structure and the consequent increase in the prices of petrol and diesel, we as a state, in terms of petrol and diesel prices are the cheapest in the entire country,” said Sangma.
FIRST Business Portal addressing the potential of business capability of North East Region.
