Government could consider GST on petroleum, says MoS Finance Anurag Thakur
Petrol and diesel prices in India: Amid fuel price hike and uproar, the Minister of State for Finance, Anurag Thakur, on Tuesday said that the government could consider GST on petroleum.
In a written reply, the MoS for Finance, Anurag Thakur, told Rajya Sabha, "To bring petrol and diesel under the ambit of GST, the recommendation of the GST Council is necessary. No such recommendation has been made so far".
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On his statement over GST on petroleum amid fuel price hike, the Congress leader Jaiveer Shergill slammed the Centre asking "Is BJP Government waiting for fuel to touch Rs 200 before stopping the loot?"
It is pertinent to mention that the petrol and diesel prices in India remained unchanged on Tuesday for straight 10th day.
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The last hike was on February 27 when the petrol rates in Delhi surged to an all-time high of Rs 91.17 per litre.
While rising international crude oil prices led to the hike in petrol and diesel rates in the country, taxes on petroleum by the Centre and state governments have made it worse for citizens.
Notably, India levies one of the highest taxes on petrol and diesel. That's the reason why fuel prices in India were higher than in the neighbouring countries.
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