#GST4Petrol - One Paisa, 5 paise cuts arent good enough
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Petrol and diesel prices are skyrocketing again. The common man doesnt get any respite despite promises from ruling party and protests by the opposition
Our simple question is: Why can't we bring petrol and diesel prices under GST?
At present, a central excise duty of 23% and State VAT of 34% is levied on petrol and diesel. Thus, the total tax works out to 57%.
If these essential products are brought under GST , the maximum tax will be only 28%. This means the prices of petrol and diesel can come down by almost 50%.
The people and the economy at at large will be benefited as it will have a positive, cascading effect.
Please act in public interest and give the common man the much-needed relief.
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Mumbai MuchMuch needs your help with “The price cuts being announced aren't simply good enough. GST4Petrol is the only solution. With 22 States in hand, Centre must act. They can.”. Join Mumbai MuchMuch and 267 supporters today.