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Will Petroleum products come into the ambit of GST?

Introduction:

Petroleum products have become an indispensable part of our day-to-day life, and we can’t imagine our life without it. But the petroleum prices are sky rocketing. This hike directly or indirectly affects all the major sectors like transportation, textiles, auto, FMCG etc., from 16th June 2017 Government implemented daily revision of fuel cost, which put a burden on consumers. Earlier, the prices were fixed twice in a month, but now the change in price happens at 6 a.m. every morning. Continue reading “Will Petroleum products come into the ambit of GST?”

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