New Delhi, April 2: Union Minister of Petroleum & Natural Gas Dharmendra Pradhan on Monday appealed to the Goods and Services Tax (GST) Council to include petrol and diesel products in the GST framework after fuel prices reached a new high today. Pradhan said, “We are sensitive regarding petrol and diesel price hike. We have advocated for bringing petroleum products under GST. We want GST Council to soon take a decision regarding this. I am hopeful that petroleum products will also come under GST soon.”
Pradhan further added that petrol and diesel prices were directly proportional to the international factors. He said that since India is a consumer sensitive country, the government has even reduced excise duty to control the rising fuel prices.
Petrol price on Monday, April 2, reached Rs 81.69 per litre in Mumbai while diesel was at Rs 68.89 per litre, the highest ever. India reportedly has the highest retail prices of petrol and diesel among South Asian nations. Oil has risen by about 4 per cent since late 2000.