SHILLONG: Petrol prices in Meghalaya would become cheaper by Rs 1.05 per litre from Friday after the State Cabinet decided not to charge Value Added Tax (VAT) on the price of petrol which was recently hiked.

Announcing this on Wednesday, Chief Minister Dr Mukul Sangma said, “The exemption of VAT would be applicable only on the recent hike of Rs 5.48.” Petrol prices were hiked by Rs 7.50 on May 23, but following widespread protests, the Government brought down the price by Rs 2.02.