Jaipur (Rajasthan) [India], November 5 (ANI): Rajasthan Chief Minister Ashok Gehlot on Thursday urged the Centre to reduce the Excise Duty further on petrol and diesel in order to bring down the inflation.

"With the reduction of Excise Duty by the Center, the VAT of the states is automatically reduced in the same proportion, yet we demand that the Center should reduce the Excise Duty more to reduce the inflation," tweeted the chief minister.

Also Read | Punjab Police Thwart Possible Terrorist Attack, Tiffin Bomb Recovered From Ferozepur.

Gehlot said the reduction of VAT on petrol by Rs 1.8 per litre and on diesel by Rs 2.6 per litre will lead to a loss of state revenue worth Rs 1,800 crore every year.

Gehlot urged Prime Minister Narendra Modi to reduce the Excise Duty further to provide relief to people from inflation. He said the Rajasthan government is ready to bear the loss of revenue for the welfare of the people.

Also Read | Andhra Pradesh: DRI Seizes 3.98 Kgs of Smuggled Gold Worth Rs 1.91 Crore in Visakhapatnam.

In relief to consumers, the Finance Ministry on Wednesday announced a Rs 5 per litre cut in excise duty on petrol and a Rs 10 per litre cut in excise duty on diesel. Amid record-high fuel prices, this is the first cut in central excise duties in over three years. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)