Andhra Pradesh Levies Re 1 Road Development Cess On Petrol, Diesel | Hybiz Tv

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The Andhra Pradesh government promulgated an ordinance providing for levy of a Road Development Cess of Re 1 each per litre on petrol and high- speed diesel that would net around Rs 500 crore annually.
The ordinance cleared by Governor Biswabhusan Harichandan amended the AP Value Added Tax Act, 2005.
The state Cabinet, at its meeting on September 3, had approved the decision to impose the Road Development Cess.
Considering the necessity of allocating dedicated funds for the development of roads in the state, the government decided to levy the Road Development Cess, in addition to the existing levies on petrol and diesel, in public interest

#BiswabhusanHarichandan #AndhraPradeshGovernment #APValueAddedTaxAct

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