No pure GST on petrol, diesel; 28% tax plus VAT on anvil under GST
Updated : June 20, 2018 01:53 PM IST
A peak tax rate of 28 percent plus states levying some amount of local sales tax or VAT on petrol and diesel is likely to be the tax structure when the two auto fuels are covered under the GST regime, a top government official said.
The peak GST rate plus VAT will be equal to the present tax incidence, which is made up of excise duty, levied by the central government, and VAT charged by the states.
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