Saturday, 13 October 2018

Is GST applicable to petrol?

                                                      PETROL

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No pure GST on petrol, diesel; 28% tax plus VAT on anvil under GST. The peak GST rate plus VAT will be equal to the present tax incidence, which is made up of excise duty, levied by the centre, and VAT charged by the states. ... Delhi charges a VAT of 27 per cent on petrol and 17.24 per cent on diesel.

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