Lower petrol & diesel prices below Rs.40 per litre

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In Aug 2014, the crude oil prices were around US$98 per barrel. The petrol prices in our country then was around Rs.70 per liter. But now the crude oil prices is around US$50 per barrel. Logically, petrol should be at 50% of the 2014 price (Rs.35 per liter). But this has not happened. 

When all goods and services are coming under GST, why not petroleum ? If petroleum is also included under GST, the price of petrol for retail consumer will reduce drastically to around Rs.40 per liter. 

We request the honorable Finance Minister Shri.Arun Jaitely to consider this request and make lives for everyone less burdensome. I am sure this will benefit many of the lower middle class people and also improve the economic environment.

Thanks in advance



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