Fuel prices revised in Nagaland

Fuel prices in Nagaland have been revised from the existing rates on Wednesday by the State government.

A notification issued on November 11 by Additional Chief Secretary and Finance Commissioner, Sentiyanger Imchen said that the tax rate on diesel has been enhanced from 14.5% to “17.50% or Rs. 11.08 per litre, whichever is higher,” while the tax rate on petrol and other motor spirit has been enhanced from 25% to “29.80% or Rs 18.26 per litre, whichever is higher.”

According to the notification, the new rates of fuel will be effective from midnight of November 11.

This was done “in the exercise of power conferred by sub section 3 of Section 3A of the Nagaland (Sale of Petroleum and Petroleum Products including Motor Spirit and Lubricants) Taxation Act, 1967 (as amended)”.

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