Subsidised LPG rate hiked by up to 32 per cylinder post GST
GST
Dated:- 4-7-2017
New Delhi, Jul 4 (PTI) Domestic cooking gas (LPG) price has been hiked by up to ₹ 32 per cylinder the steepest increase in six years following implementation of the Goods and Services Tax (GST).
\nSubsidised LPG rates have been increased to ₹ 477.46 per 14.2-kg cylinder from ₹ 446.65 in Delhi after GST was implemented from July 1.
\nIn the previous indirect tax regime where separate factory-gate duty and sales tax were levied, LPG attracted a zero or nil excise duty all over the country.
\nVAT or sales tax was nil in Delhi as well as Chandigarh, Haryana, Jammu and Kashmir, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal and some<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n #8377; 50 per cylinder, which was necessitated due to a jump in international oil prices. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Subsidised LPG rate hiked by up to 32 per cylinder post GST GSTDated:- 4-7-2017New Delhi, Jul 4 (PTI) Domestic cooking gas (LPG) price has been hiked by up to ₹ 32 per cylinder the steepest increase in six years following implementation of the Goods and Services Tax (GST). Subsidised LPG rates have been increased to … Continue reading “Subsidised LPG rate hiked by up to 32 per cylinder post GST”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5815","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5815"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5815\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nEvery household is entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year. Any requirement beyond that has to be purchased at market price.
\nThe rate of market-priced 14.2-kg cylinder in Delhi is ₹ 564.
\nSources said the 5 per cent GST resulted in a ₹ 26.88 increase in rate per cylinder in Delhi and the remaining hike of about ₹ 3 is because of the decision since June last year to raise prices by about ₹ 2 to cut the subsidy.
\nThe rate of non-subsidised LPG, which consumers pay after exhausting their quota of below-market priced bottles, went up by ₹ 11.5 to ₹ 564. Such bottles attract an 18 per cent<\/p>\n
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