Telangana’s ad valorem VAT structure puts it among highest fuel-taxing states in country | Hyderabad News
Data shows that several states have shifted towards “hybrid” taxation models to protect revenues even when global crude prices fluctuate Hyderabad: Fuel prices in Telangana remain among the highest in India largely because of the state’s steep ad valorem Value Added Tax (VAT) structure on petrol and diesel. Unlike fixed taxes, an ad valorem system…
