Ahead of the GST Council meeting in Lucknow on Friday, a survey has found that 77% of citizens want the government to bring petrol and diesel under the Goods and Services Tax (GST) amid rising prices. According to reportsThe GST Council may on Friday consider taxing petrol, diesel and other petroleum products under a single national GST regime, a move that requires both the central and state governments to heavily compromise on the revenue from taxing these products. may fall.
The council, which includes Union and state finance ministers, is likely to consider extending the time for duty relief on COVID-19 essentials, according to sources about the development.
Responding to a question in a survey by social media platform, LocalCircles, 77% of citizens said they want petrol and diesel to be brought under the GST tier structure, with 11% saying it is not required, while 12% replied saying “can’t” say “.
This question received 7,590 responses from citizens located in 379 districts of India. Among the survey participants, 61% were men, while 39% were women. Of these, 44% respondents were from Tier 1 districts, 29% from Tier 2 and 27% from Tier 3, 4 and rural districts.
The survey found that most Indian households want petrol and diesel to be taken under GST as it will have an immediate positive impact on the cost of living.
In a similar survey in the first half of 2021, at least 51% of households said they had cut spending to cope with higher petrol/diesel prices; 21% had also cut back on essential spending and were feeling strongly pinched while 14% expressed that they were even dipping into savings to pay for it.
GST is a “single tax” applicable across India, with a set-off provision for tax paid on inputs. However, the Constitutional Amendment Act on GST had kept these products “zero-rated”, providing for inclusion of crude oil, natural gas, petrol, diesel and aviation turbine fuel (ATF) under its ambit.
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