Zero chances of Fuel price dip!
With the inclusion of Petrol and Diesel under the GST, there will be a taxation of 28% and an additional value added tax which makes it obvious that there are no chances of a price reduction of the fuels. Currently the tax imposed on petrol per liter is 19 rupees and 48 paise, while the tax imposed per liter of diesel happens to be 15 rupees and 33 paise. Besides, the state governments have been imposing the VAT as well. Thanks to this taxation