How will GST affect petrol and diesel prices in India?

How will GST affect petrol and diesel prices in India?


Answer 1

We can not confirm the %. because as per CBEC, no percentage fixed for petroleum crude, high speed diesel, motor

spirit (commonly known as petrol), natural gas & aviation turbine fuel.

Some Point available in http://www.cbec.gov.in/resources//htdocs-cbec/gst/ovw-short.pdf in page number 6

GST on petroleum crude, high speed diesel, motor
spirit (commonly known as petrol), natural gas &
aviation turbine fuel to be levied from a later date on
recommendations of Council


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