Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
DEEP READ
Munambam Waqf issue decoded
access_time 16 Nov 2024 10:48 PM IST
Ukraine
access_time 16 Aug 2023 11:16 AM IST
Foreign espionage in the UK
access_time 22 Oct 2024 2:08 PM IST
Netanyahu: the world’s Number 1 terrorist
access_time 5 Oct 2024 11:31 AM IST
exit_to_app
Homechevron_rightIndiachevron_rightStates do not levy 55%...

States do not levy 55% tax on domestic LPG, AltNews checks popular FB post

text_fields
bookmark_border
States do not levy 55% tax on domestic LPG, AltNews checks popular FB post
cancel

The chart circulating on social media claiming that the central government taxes Rs 24.75 per LPG cylinder while state governments add a tax of Rs 291.36 is false, reports fact-checking website AltNews. As per the chart, the price break-up includes a dealers' commission of Rs 5.50. The claim, most viral on Facebook and Twitter, concludes, "Central Govt. Tax 5%, State Govt. Tax 55% so Please find which Government is guilty of hiking the cooking gas price."

The post has come forth in light of the fuel price hike across the country. Petrol, diesel and domestic LPG prices have soared. While a 14.2 kg LPG cylinder cost Rs 594 in Delhi as of July 1, it now costs around Rs 834.5.

In reality, only GST is applied to domestic LPG. 5% Goods and Services Tax is levied on domestic LPG cylinders. This is split equally between the state and the centre. The dealers' commission, fixed by the petroleum ministry per 14.2kh cylinder, is Rs 61.84. Furthermore, the government has not provided subsidies for LPG since last year.

"The claim has been promoted in support of the Modi government under criticism for rising domestic LPG prices," the report notes.

Show Full Article
TAGS:fuel price hike#Fake news
Next Story