High Fuel Prices in India — Should Petroleum Products be Brought under the GST Regime?

Introduction Ever wondered why the Goods and Services Tax (GST) Council keeps petroleum products out of the GST regime? In light of petroleum products reaching sky high prices, the financial discomfort makes people question the Government’s inaction towards such inclusion. Many ordinary folks unaware of the provisions, whether or not, blame the three democratic tiers for their insensitive ap…