Explained | Will fuel prices dip under GST regime?

An Agriculture Infrastructure and Development Cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel has been proposed in the budget. (Representative Image) With fuel price skyrocketing, there is a widespread belief that the inclusion of petrol and diesel under the Goods and Services Tax (GST) may bring relief to the common man. Already, Finance Minister Nirmala Sitharaman and Petr…