Petrol pump owners petition govt, seek removal of VAT and revision of margins

NEW DELHI: Petrol pump dealers from across the country have petitioned the ministry of petroleum to increase their margins on petrol and diesel sales since the last revision was done six years ago in 2017. Representatives of various state dealers associations jointly submitted a memorandum to the government listing a range of issues that are affecting them and urging the government to address them expeditiously.

The dealers’ association described the continuation of VAT as disruptive as it was causing imbalances across regions. They want migration of petroleum products to the new GST regime, in keeping with Prime Minister Narendra Modi’s vision of One Nation One Tax.