Gujarat govt gets Rs. 8794 crore through VAT on petroleum products


Gandhinagar, 14 July, 2014

Gujarat government’s net revenue through Value Added Tax(VAT) was Rs. 40976.21 crore in year 2013-14, up from Rs. 39,464 crore in 2012-13 and Rs. 31,291 crore in 2011-12.

In 2013-14, the total revenue through VAT on petrol and diesel was Rs. 8,504 crore, while revenue through VAT on other petroleum products was Rs. 290 crore.

Thus total revenue of VAT through all petroleum products was Rs. 8794 crore.

These details were shared by Finance Minister Saurabh Patel in the assembly in reply to questions asked by MLAs.