Karnataka Hikes Diesel Prices By Rs 2 Per Litre As Govt Increases Sales Tax

Karnataka Fuel Price: Karnataka government has hiked the sales tax on diesel to 21.17 per cent with effect from Tuesday, as a result of which there will be an increase of Rs 2 per litre, bringing the sale price to Rs 91.02. An official statement highlighted that the Karnataka Sales Tax rate on diesel was at 24 per cent prior to November 4, 2021, and the sale price per litre was Rs 92.03. On June 15, 2024, the Karnataka state government issued a notification revising the tax rate on diesel to 18.44 per cent. "After the approval of the Competent Authority, the Karnataka Sales Tax rate on diesel has been increased to 21.17 per cent, effective from 01-04-2025. As a result, there will be an increase of Rs 2 per litre, bringing the sale price to Rs 91.02," the statement said. However, even after this increase, the revised sales price in the state will continue to be lower compared to the neighbouring states, it stated.