The non-BJP-governed states, however, held out against matching the Centre’s move by cutting VAT. Most of them argued that since VAT is usually charged as a proportion of the price (ad valorem) after adding central levies and other costs, the sharp reduction in excise duty has automatically brought down the tax in most states.
Only Bihar, where BJP is a partner in the government, has held out hope of a reduction in VAT, with chief minister Nitish Kumar saying he will discuss the issue with coalition members. In Karnataka, CM Basavaraj Bommai said the government will consider a further reduction, while Odisha is expected to decide in the next few days.
Sitharaman’s comments came following the opposition’s “criticism” or “appraisal” of the decision announced on Saturday aimed at blunting some of the impact of the Russia-Ukraine conflict on Indian households grappling with higher food and fuel prices. The Centre on Saturday cut tax by Rs 8 on a litre of petrol and Rs 6 on diesel. On November 4, excise duty was cut by Rs 5 on petrol and Rs 10 on diesel.
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