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Taxpayers’ Association Demands To Bring Petrol Under GST

Petrol & Diesel Under GST

Following the recent hike in petrol prices, Taxpayers’ Association and People For India jointly condemned the Central and State (Andhra Pradesh) government and asked to bring petroleum products under the GST ambit.

The prices of petrol and other petroleum products have frequently increased in the recent years, however, the government is still unwilling to include these products in GST, as these commodities generate major income revenue for both the state and central governments.

M.V. Anjaneyulu, Secretary, Taxpayers’ association, said, “Blaming the frequent increase on fluctuations of world crude-oil price is a lie. By bringing petrol and diesel in the purview of GST, the customer can get petrol for ₹51 per litre and diesel for ₹54 per litre.” He and many experts believe that GST can really improve the situation with petroleum prices in India.

Read Also: What If Electricity Comes Under Goods and Services Tax India?

Anjaneyulu further added that the price of crude oil has not gone over $4,000 per barrel in the recent years. Even when the crude barrel price was over $6,000 during the Congress regime, the petrol price was not more than Rs 60 per litre. However, the petrol price is continuously rising ever since the Modi government came.

He also went on blaming the TDP government for slowly hiking State taxes on these petroleum products. V. Sambhi Reddy, Tax Payers Association president, and Tulasi Rao, People For India Vice Chairman, also spoke during the protest.

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Atul Mittal
Atul is a professional content writer with specialisation in business and marketing content. I have been writing tax articles and news for about two years now and have good experience in GST and income tax domains. View more posts
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