If brought under GST, petrol price can come down to Rs 75, diesel to Rs 68 per litre

NEW DELHI: The soaring rates of petrol and diesel have led to calls from several quarters for reduction in excise duty so that commuters can get some much-needed relief.
As people gradually get back to work from office after last year’s pandemic-induced work from home scenario, demand for fuel has also witnessed a rise.
Petrol and diesel prices have touched record highs over the past nine months following spike in international crude rates.
However, according to a report of SBI economist, petrol prices can fall to as much as Rs 75 per litre and diesel to Rs 68 per litre across the country if they are brought under the goods and services tax (GST) regime.
Currently, a litre of petrol costs Rs 91.17 in Delhi and diesel is priced at Rs 81.94 a litre.