Will not reduce tax on fuel: Kerala

Kochi: There is difference of opinion between the Centre and the State with regard to tax on fuel. The State refused to abide by the Petroleum Ministry's directions that taxes should be reduced by the State in tandem with the reduction by the Centre. The current Central excise rate is Rs 19.45. Kerala receives Rs 17.53 from one litre of petrol. Petroleum Ministry had asked States to reduce tax by 5%.

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