The Union and state levies contribute to a significant part of the retail prices of petrol and diesel in India. Examine the reasons for such heavy taxation of these products and how their inclusion in GST would affect government revenues? 10 marks - Civilsdaily

The Union and state levies contribute to a significant part of the retail prices of petrol and diesel in India. Examine the reasons for such heavy taxation of these products and how their inclusion in GST would affect government revenues? 10 marks

Mentor’s comment- https://indianexpress.com/article/opinion/columns/gst-council-fuel-tax-global-crude-prices-7258878/ In the intro, mention the issue of rising fuel prices and demand for its reduction. In the … Continue reading The Union and state levies contribute to a significant part of the retail prices of petrol and diesel in India. Examine the reasons for such heavy taxation of these products and how their inclusion in GST would affect government revenues? 10 marks