UPPTA to go on indefinite strike from December 26 | india | Hindustan Times
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UPPTA to go on indefinite strike from December 26

THE UTTAR Pradesh Petrol Traders Association (UPPTA) has given a call for an indefinite strike from December 26 demanding the State Government to bring down the petrol and diesel prices at par with Delhi market.

india Updated: Dec 15, 2006 11:13 IST

THE UTTAR Pradesh Petrol Traders Association (UPPTA) has given a call for an indefinite strike from December 26 demanding the State Government to bring down the petrol and diesel prices at par with Delhi market.

At present, trade tax on diesel in Uttar Pradesh is 22 per cent and 26 per cent on petrol. However the trade tax on diesel in Delhi is 12 per cent and 20 per cent on petrol.

President of UPPTA BN Shukla, while talking to the Hindustan Times said the association had submitted a memorandum to the CM Mulayam Singh Yadav in that regard. Copies of the memorandum have also been forwarded to the Principal Secretary to the CM, Trade Taxes, Civil Supplies and to the District Magistrate, Lucknow, Ramendra Tripathi.

Shukla said that earlier the State Government had decided to reduce 10 per cent trade tax on diesel and 6 per cent on petrol. With this, prices of petrol and diesel would come down to an average by Rs 3.50 to Rs 3.80 per litre. But now the State Government is backtracking on its decision.

According to the Government estimates, State Government would have to face a revenue loss of Rs 7,000 crore in case the trade tax is reduced.

But as per the calculations of the UPPTA, the sale of diesel in UP would be doubled in 90 days with an expected revenue of Rs 8500 crores per year if the trade tax would be reduced.

At present, sale of diesel is very low in UP. Farmers of UP bordering to Delhi and Haryana villages do not purchase diesel from UP and prefer to buy it from Delhi or Haryana. Thousands of truck passing through UP everyday too didn’t purchase diesel and petrol from UP because here the petrol and diesel cost an additional Rs 4 per litre, said Shukla.

“When the State like Maharashtra can bring down its trade tax at 28 per cent from 38 per cent to make it at par with Madhya Pradesh then why can’t UP? Now to pressurize the Government, all petrol pumps in UP would be closed from December 26,” Shukla added.