In exercise of powers conferred by sub section 3 of Section 3A of the Nagaland (Sale of Petroleum and Petroleum Products Including Motor Spirit and Lubricants) Taxation Act. 1967 (as amended), the State Government has notified that the rate of tax as prescribed under Entry Serial Number 3 & 4 of Schedule II of the Act shall stand amended as follows:-
|
SI. No. |
Description |
Existing rate of tax |
Amended rate of tax |
|
1 |
Diesel |
17.50% or Rs. 11.08 per litre, whichever is higher |
16.50% or Rs. 10.51 per litre, whichever Is higher |
|
2 |
Petrol and other Motor Spirit |
29.80% or Rs.18.26 per litre, whichever is higher |
25% or Rs. 16.04 per litre, whichever Is higher |
This Notification shall come into force with effect from midnight of 22nd February
2021.
(DIPR)