DIMAPUR: The state government of Nagaland on Wednesday decided to raise taxes on diesel, petrol and other motor spirit resulting in fuel price hike.
The Additional Chief Secretary and Finance Commissioner Sentiyanger Aier, in a notification, informed that the government has decided to enhance the rate of tax on diesel from existing 14.5 percent to 17.50 percent or Rs 11.08 per litre, whichever is higher, and petrol and other motor spirit from existing 25 percent to 29.80 percent or Rs 18.26 per litre, whichever is higher, in the state from midnight tonight.
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“In exercise of power conferred by subsection 3 of Section 3A of the Nagaland (Sale of Petroleum and Petroleum Products including Motor Spirit and Lubricants) Taxation Act, 1967 (as amended), the Governor of Nagaland is pleased to notify the rate of tax as prescribed under Entry Serial Number 3 and 4 of Schedule II of the Act,” the notification said.
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