Petrol and diesel tax rates revised under Uttar Pradesh VAT Schedule-IV with column-wise substitution from 7 May 2020. Amendment to Schedule-IV of the Uttar Pradesh Value Added Tax Act, 2008 substitutes the entries at serial numbers 3 and 4(c) with effect from 7 May 2020. The revised schedule prescribes the point of tax for petrol and diesel oil as M or I and revises the applicable tax rates on a column-wise basis. Petrol is made taxable at 26.80% or Rs. 18.74 per litre, whichever is greater. Diesel oil, as defined in the United Provinces Sales of Motor Spirit, Diesel Oil and Alcohol Taxation Act, 1939, in cases other than those covered by serial numbers 4(a) and 4(b), is made taxable at 17.48% or Rs. 10.41 per litre, whichever is greater.