Covid-19 cess; petrol price hiked by Rs 6 & diesel by Rs 5 per litre

Kohima, April 29 (NE): The Government of Nagaland through a notification issued by Finance department- revenue branch informed that Covid-19 cess shall be levied on Desiel, Petrol and other motor spirit in addition to the existing rate.

The Covid-19 cess of Rupees 5 per litre to be levied on diesel and Rupees 6 per litre to be levied on Petrol & other motor spirit per litre, said the notification issued by Addl. Chief Secretary & Finance Commissioner, Sentiyanger Imchen on Tuesday, April 28, 2020.

Further, it stated that the Covid-19 cess shall come into force with effect from the midnight of April 28, 2020.

The Governor of Nagaland notified on Covid-19 cess, in exercise of power conferred by sub section 3 of section 3A of Nagaland (Sales of petroleum and petroleum products including motor spirit and lubricants) Taxation Act, 1967 (as amended), it said.

Nagaland Chief Secretary Temjen Toy said that due to the lockdown the state has faced major problems to earn revenue collection.

“In March, our target was Rs 106 crore, but, the state collected Rs 5 crore only. All sources of revenue collection in the state have been stopped. A state like Nagaland is always dependent on the Centre. In a bid to increase our revenue in the current situation, we have decided to impose Covid-19 cess on diesel, petrol and other motor spirits,” Toy said.