Bring fuel under GST to cushion from impact of volatile oil prices, says SBI report
An SBI NSE 0.50 % report has suggested inclusion of fuel under GST to cushion from the impact of fluctuating revenue due to volatility in oil prices.
“The ultimate solution to reduce the complexities in oil tax structure and bring down extreme volatility in oil revenues due to volatile crude price would be to bring it under the ambit of GST,” the report said.
