Andhra Pradesh

Bring petroleum products under GST

Members of the Andhra Pradesh Lorry Owners’ Association (APLOA) have demanded that the government bring petroleum products under the Goods and Services Tax (GST).

Expressing serious concern over the frequent hike in petrol and diesel prices, APLOA general secretary Y.V. Eshwar Rao said the steep hike was severely affecting the common man.

Speaking to The Hindu, Mr. Rao demanded that all petroleum products be brought under GST for maintaining uniform prices in all States.“If necessary, the Centre should allot a special category for petroleum products and include diesel and petrol prices in GST”.

Sales down

As the prices of diesel and petrol are high in Andhra Pradesh owing to VAT and other taxes, almost all the transport vehicles are filling fuel in the neighbouring States, and the decrease in sales is causing huge loss to the State’s exchequer. The government should take steps to bring down the road cess and remove toll tax burden for transport vehicles immediately, Mr. Eshwar Rao added.

In crisis

Due to hike in diesel prices, lorry transporters are facing inter-State, intra-State and international problems in the market. Many State and Central government companies are not in a position to bear the transport cost now, and the transport sector is facing severe crisis in the market due to variations in fuel prices in different markets, Mr. Eshwar Rao said.

“As diesel and petrol prices are directly linked to prices of all goods and products, the common man the immediate sufferer of the impact on fuel prices. We request the Centre to decrease the fuel prices whenever there is fall in crude oil prices in the international market, which is not happening now”, the APLOA general secretary said.

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Printable version | Apr 6, 2020 11:41:59 PM | https://www.thehindu.com/news/national/andhra-pradesh/bring-petroleum-products-under-gst/article24958466.ece

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