This chapter explores the reasons behind the exclusion of fuel from the Goods and Services Tax (GST) in India, despite the tax reform's implementation. It delves into the potential impacts on state revenues and the cost of living if fuel were to be brought under the GST ambit.
In today’s episode for 25th June 2024, we tell you why bringing petroleum products under GST (Goods and Services Tax) may not be a practical solution to bring down high fuel prices.
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