GST was rolled out on the midnight and the ruling party was proud to announce that ONE INDIA ONE TAX  is achieved.But considering the items which are cheaper and costlier in the second hand, the main item PETROL excludes from this community

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Fuel is something ver mandatory to a commoner but if GST doesn't have any impact on reduced its price that what is the use of GST asks financial analysts??60% of the fuel is charged for its taxes alone.

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The power to charge tax on the fuel  Petroleum shall presently continue to be vested with the power of the State Governments. Therefore, the situation of different taxes on fuel shall continue even after implementation of GST.Only if GST intervenes in the fuel prices people are truly benefitted with the fruit of GST.The Center has promised that it will be sooner included in the GST slab.The country right now scares to vest its GST power on Petroleum as it is the main revenue to the State Governments.


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