Image Credits By: newshunt.com
Citing an increase in VAT in Uttar Pradesh on natural gas, which is used as input for CNG, Indraprastha Gas Limited (IGL), a joint venture of GAIL (India) Ltd. and BPCL, today announced an increase of Rs 3.52 per kg in the selling price of CNG being supplied by it in Noida, Greater Noida and Ghaziabad cities of Uttar Pradesh from tonight.
The consumer price of CNG in these cities shall increase from existing Rs. 44.42 per kg to Rs. 47.94 per kg due to recent amendment in UP VAT Act w.e.f July 2017. Since natural gas is out of the ambit of GST, therefore UP state VAT continues to be effective on purchases of natural gas within the state. The new price shall be applicable from midnight of 2nd/3rd September 2017.
IGL will continue to offer a discount of Rs 1.50 per kg in the selling prices of CNG for filling between 12.30 am to 5.30 am at select outlets.
Thus, the consumer price of CNG would be Rs 46.44 per kg during 12.30 am to 5.30 am at the select CNG stations in Noida, Greater Noida & Ghaziabad.
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