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⚡Chhattisgarh to Suffer Rs 500 Crore Loss Due to Centre's Excise Duty Cut on Fuel: Bhupesh Baghel

By PTI

"The revenue collection through VAT (which is levied on ad valorem basis) will also dip automatically. State officials have informed me that we will suffer a loss of around Rs 500 crore (annually),” the CM said.

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