The GST Council would possibly on September 17 take into account taxing petrol, diesel and different petroleum merchandise below the one nationwide GST regime, in accordance with a report.
September 15, 2021 / 07:29 AM IST
In Mumbai, the petrol value remained unchanged and retailed at Rs 107.26 a litre. (Consultant picture: Pixabay)
The petrol and diesel costs remained unchanged for the tenth consecutive day on September 15, in accordance with a value notification by state-run oil corporations.
Petrol value in Delhi was final minimize to Rs 101.19 a litre and diesel to Rs 88.62 per litre. The costs remained the identical on September 15 within the nationwide capital.
In Mumbai, gas costs witnessed the same development. The petrol value remained unchanged and retailed at Rs 107.26 a litre. The monetary hub, on Might 29, turned the primary metro within the nation the place petrol was being offered for greater than Rs 100 per litre.
Diesel value additionally remained the identical and offered at Rs 96.19 per litre in Maharashtra’s capital.
The gas costs stay unchanged in Kolkata too, the place a litre of petrol and diesel had been retailed at Rs 101.62 and 91.71, respectively.
Chennai additionally retailed a litre of petrol on the similar value – Rs 98.96. Diesel value additionally remained unchanged at Rs 93.26 per litre in Tamil Nadu’s capital.
The value minimize follows worldwide oil costs tumbling to their lowest stage since Might after the US Federal Reserve signalled it was set to begin tapering asset purchases inside months, hurting commodities and lifting the greenback.
India is close to 85 p.c depending on imports to satisfy its oil wants and so benchmarks native gas charges to worldwide oil costs.
Petrol and diesel value was final hiked on July 17. Previous to that, the petrol value was elevated by Rs 11.44 a litre between Might 4 and July 17.
Diesel charges had gone up by Rs 9.14 throughout this era. The value hike throughout this era pushed petrol costs above Rs 100-a-litre-mark in additional than half of the nation whereas diesel crossed that stage in at the very least three states.
In the meantime, the GST Council would possibly on September 17 take into account taxing petrol, diesel and different petroleum merchandise below the one nationwide GST regime, a transfer that will require enormous compromises by each central and state governments on the revenues they accumulate from taxing these merchandise.
(With inputs from PTI)