Taxability of diesel revised: omission from Fourth Schedule reclassifies diesel to unspecified item and alters applicable VAT treatment. By notification under section 103 of the Delhi Value Added Tax Act the Lt. Governor omitted sub-entry (v) of Sl. No. 1 in the Fourth Schedule with immediate effect, removing diesel (High Speed Diesel, Super Light Diesel Oil, Light Diesel Oil) from that schedule; diesel was therefore subject to the prior specified levy for the initial period and, from the omission date, is classified as an unspecified item and taxed at the rate applicable to unspecified items.