Bring petrol and diesel under GST regime to regulate oil tariffs: CM Devendra Fadnavis
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Mumbai, May 24: Maharashtra Chief Minister Devendra Fadnavis today suggested that Central government should bring petrol and diesel under the ambit of Goods and Services Tax. Speaking to the media on the issues of the existing rise in fuel prices, the Chief Minister informed that center is closely following the matter where a task force has been constituted to fine tune the policy framework to normalize oil pricing.
Fadnavis informed that Maharashtra state government is in favor of the restructuring of fuel prices if brought under GST. He opined that center will consult all states and other stakeholders to lock the proposal on oil tariffs.
On May 13, the petrol and diesel prices were increased by 17 and 21 paise respectively which irked consumers resulting in huge resentments against the central government. Opposition parties also blaming central government for not being able to mitigate the hike in oil prices.
Earlier, Union Minister Dharmendra Pradhan stated that current abrupt changes in the tariffs caused due to the unstable international oil market and less production of oil in the Organization of the Petroleum Exporting Countries.