Signs that Modi government wants to bring petrol and diesel under GST – and the reasons why it is difficult
Petrol prices have skyrocketed across India over the last two weeks.BCCL One of the biggest exclusions from the Goods and Services Tax (GST) regime is petroleum. At the moment, the Centre levies excise duty while states levy value added tax (VAT) at different rates, leading to different rates of petrol and diesel in different parts of the country. This could change if the Modi government …